Custodia’s challenge of the Federal Reserve Bank of Kansas City’s decision to deny the crypto-friendly bank access to the Fed banking services can continue, a U.S. district court ruled Thursday, rejecting a Fed motion to dismiss the case. The U.S. District Court of Wyoming, however, did reject Custodia’s request that the Fed be compelled to grant it a so-called master account and membership with the Fed, Instead, Custodia must continue its claims via normal channels.
Source link
Crypto gives back gains as macro headwinds overwhelm regulatory optimism
For about 48 hours, crypto had something genuine to celebrate. The CLARITY Act, a landmark piece of stablecoin regulation, cleared...
