US court rejects Fed's motion to dismiss Custodia Bank case
Digital asset bank Custodia sued the Fed in June 2022, claiming an “unlawful delay” in processing an application for its master account.
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Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill.
Custodia Bank's membership denied for ties with crypto markets, says US Fed
The United States Federal Reserve released an 86-page report on March 24 detailing the reasons for denying Custodia Bank's application for membership.
US Federal Reserve denies Custodia Bank's request for Fed supervision
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System.
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt.
Fed denies Custodia Bank application to join the Federal Reserve System
The bank applied for the application in 2019 and sued the Fed in an attempt to speed up a decision.
Crypto bank Custodia sues the Fed over 19 month delay on account approval
Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days.