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Crypto Bank Custodia Denied Membership in US Federal Reserve System

January 29, 2023 by DIGIT
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Crypto Bank Custodia Denied Membership in US Federal Reserve SystemThe U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the digital asset bank is inconsistent with legal requirements. Federal Reserve Board Says Business Model Proposed by Custodia Bank Presents Risks Crypto bank Custodia has […]

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Categories application, Bank, Banks, board, Central Bank, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, Custodia, denial, Fed, Federal Reserve, Federal Reserve Board, Finance, master account, Member, Membership, U.S., US
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  • bitcoinBitcoin(BTC)$87,544.00-0.04%
  • ethereumEthereum(ETH)$2,928.55-0.06%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$840.400.51%
  • rippleXRP(XRP)$1.860.25%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$123.661.11%
  • tronTRON(TRX)$0.2835651.75%
  • staked-etherLido Staked Ether(STETH)$2,927.42-0.07%
  • dogecoinDogecoin(DOGE)$0.1231871.11%