Custodia Bank Pursues Federal Reserve Master Account via Appeals Court
Custodia Bank is continuing its legal battle to obtain a master account from the Federal Reserve. Following an unfavorable decision in October, the crypto bank has requested a rare full-court review by a federal appeals court, according to reports. The development signals Custodia's persistence in its efforts to gain access to the Federal Reserve's services. The outcome of this legal challenge could have implications for other crypto-focused financial institutions seeking similar access to the traditional banking system.
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