Court Dismisses Custodia Bank’s Challenge Against Federal Reserve
![Court Dismisses Custodia Bank’s Challenge Against Federal Reserve](https://maybecrypto.com/wp-content/uploads/2024/03/Court-Dismisses-Custodia-Banks-Challenge-Against-Federal-Reserve-1024x576.jpg)
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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