Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application
The Federal Reserve has discretion in deciding whether to grant a master account, a judge ruled.
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Mar 29, 2024 at 9:58 p.m. UTC
Mar 29, 2024
Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. When he's not reporting on digital assets and policy, he can be found admiring Amtrak or building LEGO trains. He owns < $50 in BTC and < $20 in ETH. He was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.