Custodia Financial institution has taken a step ahead in its authorized battle towards the Federal Reserve, as a federal decide in Wyoming denied motions to dismiss from the Fed and the Federal Reserve Financial institution of Kansas Metropolis.
The digital asset financial institution sued the Federal Reserve in June 2022, citing “illegal delay” in processing a request for its primary account. In 2020, Caitlin Lengthy, former govt of Morgan Stanley (NYSE:) and an early supporter of , based the financial institution present account providers for crypto corporations and function a bridge to the USA greenback.
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