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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.

Updated Apr 1, 2024, 7:00 p.m. Published Mar 29, 2024, 9:58 p.m.
Catlin Long, Founder and CEO, Custodia Bank (Shutterstock/CoinDesk)
Catlin Long, Founder and CEO, Custodia Bank (Shutterstock/CoinDesk)