Jan 28, 2023

Crypto banking suffers blow as Custodia Bank’s Federal Reserve application denied: ‘Significant safety and soundness risks’

The Federal Reserve Board has denied a Wyoming cryptocurrency banks application for Federal Reserve System membership, officials announced Friday, dealing a setback to the crypto industrys attempts t… [+2184 chars]
Crypto banking suffers blow as Custodia Bank’s Federal Reserve application denied: ‘Significant safety and soundness risks’
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