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Custodia asks US Supreme Court to hear Fed master account appeal

NewsFeeds update

Custodia Bank has filed its final reply brief urging the US Supreme Court to review the Federal Reserve's refusal to grant it a master account, arguing the Monetary Control Act of 1980 requires the Fed to serve eligible nonmember banks. The 10th US Circuit Court of Appeals previously sided with the Fed, with Judge Timothy Tymkovich dissenting.

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Read the original on CoinNess

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.