U.S. Federal Reserve Denies Crypto Bank’s Membership Application

Custodia had sued the Fed last June for delaying the master account process. Custodia Bank – a leading digital asset banking institution based in Cheyenne, Wyoming – has faced a roadblock in its application for a Federal Reserve master account, as the Fed recently denied its application in an official press release today. The rejection The post U.S. Federal Reserve Denies Crypto Bank’s Membership Application first appeared on The Crypto Basic .