Fed Rebuffs Custodia's Bids For Membership, Master Account

By Jon Hill (January 27, 2023, 12:21 PM EST) -- The Federal Reserve said Friday that it has formally denied membership and master account bids from crypto-focused Custodia Bank, which is vowing to press on with litigation accusing the central bank of singling it out for unfair treatment in its quest for payment system access....

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