(Reuters) -Crypto giant Ripple supports the idea of a “skinny” Federal Reserve payments account for non-banks, which could still be a game changer while addressing banks’ concerns over financial ...
The appeals court rejected Custodia's interpretation that Federal Reserve services must be provided, finding discretionary authority prevails over mandatory language. Judge Tymkovich's dissent warned ...
Last year, Judge Scott Skavdahl in the U.S. District Court for the District of Wyoming ruled that the Federal Reserve does not have to give Custodia access to a master account. An appeals court ...
A federal appeals court in Denver poured cold water Friday on crypto bank Custodia’s attempts to force the Federal Reserve to grant it a coveted master account, siding with a lower court’s previous ...
A U.S. appeals court on Friday upheld a lower court ruling that the Federal Reserve is not required to grant Custodia Bank access to a master account, a key link to the central bank’s payment system.