Court closes Custodia fight with Federal Reserve just as Fed opens master-account door

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Cointelegraph - News 3 weeks ago • cointelegraph.com

Federal court ends Custodia Bank's legal bid for a master account

One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.”

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CoinDesk - All News 3 weeks ago • coindesk.com

Court closes Custodia fight with Federal Reserve just as Fed opens master-account door

Just days after the Federal Reserve granted a limited master account to Kraken, crypto bank Custodia's years-long court battle with the Fed concludes in a loss.

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