Custodia's Suit Against Fed Over Denial of Master Account Can Proceed, Court Rules
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Custodia's challenge of the Federal Reserve Bank of Kansas City's decision to deny the crypto-friendly bank access to the Fed banking services can continue, a U.S. district court ruled Thursday, rejecting a Fed motion to dismiss the case.
The U.S. District Court of Wyoming, however, did reject Custodia's request that the Fed be compelled to grant it a so-called master account…
This story from coindesk.com was posted on 2023-06-10 by @riversong.