The Federal Reserve Board has denied the membership application of Custodia Bank, Inc., a state-chartered special-purpose depository institution focused on the crypto-asset sector. The board cited concerns about Custodia’s managerial, financial, and corporate powers factors as reasons for the denial. The bank had applied for membership in the Federal Reserve System under section 9 of … Custodia Bank denied membership by the Fed over crypto ties Read More »
Coinbase Delists MOVE Token Amid Controversy
