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Custodia Slams BNY's New Crypto Biz In Suit Against Fed

By Katryna Perera (October 14, 2022, 8:02 PM EDT) -- Cryptocurrency-focused Custodia Bank Inc. has slammed a move by the Federal Reserve Board of Governors to allow investment bank BNY Mellon to begin holding and transferring digital assets on behalf of customers, saying this undercuts the Fed's central argument in Custodia's fight for recognition of a similar business plan....

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