Custodia Bank is renewing its efforts to obtain a master account from the US Fed. According to reports, the bank is requesting a rehearing before the full Tenth Circuit Court of Appeals regarding the Fed's previous decision to deny their application. A master account would enable Custodia to process payments directly. The development highlights ongoing discussions around regulatory access for crypto-focused financial institutions.

Custodia Bank is renewing its efforts to obtain a master account from the US Fed. According to reports, the bank is requesting a rehearing before the full Tenth Circuit Court of Appeals regarding the Fed's previous decision to deny their application. A master account would enable Custodia to process payments directly. The development highlights ongoing discussions around regulatory access for crypto-focused financial institutions.