Tagged: master accounts

Appeals Court Upholds Federal Reserve’s Decision to Prevent Custodia Bank from Obtaining Master Account

A federal appeals court in Denver recently said it would be upholding the US Federal Reserve’s decision to deny Custodia Bank access to a master account. This is yet another setback for the Wyoming-headquartered crypto-focused bank, which has spent several years trying to gain direct… Read More

Federal Reserve Governor Waller Signals Fed’s Pivot Toward Encouraging Crypto Adoption, Suggests “Skinny” Master Account for Payments

Federal Reserve Governor Christopher Waller stated that the reserve bank plan is beginning a new phase and crypto will no longer have to be on the fringes while introducing another prototype in order to enhance reserve bank services. Waller added that they intended to send… Read More

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