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3232Court Dismisses Custodia Bank’s Challenge Against Federal Reserve
https://www.digit.info/court-dismisses-custodia-banks-challenge-against-federal-reserve/
Sun, 31 Mar 2024 21:21:27 +0000https://www.digit.info/2024/03/31/court-dismisses-custodia-banks-challenge-against-federal-reserve/Read more]]>In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged to grant its application for a master account, a critical financial […]
]]>US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks
https://www.digit.info/us-regulators-and-federal-reserve-issue-joint-warning-about-crypto-liquidity-risks/
Sat, 25 Feb 2023 02:00:59 +0000https://www.digit.info/2023/02/25/us-regulators-and-federal-reserve-issue-joint-warning-about-crypto-liquidity-risks/Read more]]>U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type, as permitted by law or regulation.” US Regulators Issue Joint Statement on Crypto […]
In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged to grant its application for a master account, a critical financial […]
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U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type, as permitted by law or regulation.” US Regulators Issue Joint Statement on Crypto […]