Source: Coindesk.com
A federal judge has rejected Wyoming-based Custodia Bank's argument that it is entitled to a Federal Reserve master account and membership with the Fed.
Judge Scott Skavdahl, of District of Wyoming, denied Custodia's motion for judgement on Friday, writing that federal laws do not require the nation's central bank to give every eligible depository institution access to
Read More https://www.coindesk.com/policy/2024/03/29/custodia-bank-loses-lawsuit-challenging-fed-rejection-of-master-account-application/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application" appeared first here Coindesk.com.
Source: Coindesk.com