Custodia Bank, based in Wyoming, has requested a full review from the Tenth Circuit Court of Appeals concerning an October ruling that maintained the Federal Reserve’s denial of a master account. The bank asserts that the ruling misinterpreted regulations affecting state banking oversight.
This case poses essential constitutional questions about banking regulation, particularly regarding the Currency Control Act. Custodia’s challenge aims to clarify state banks’ rights to access master accounts, a critical component in the evolving crypto banking landscape.
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