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Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry

By Cheyenne Ligon, Jesse Hamilton at 2025-05-25 13:15

Sentiment: Unknown

The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership. Continue reading...

Categories: Policy

Tags: #Regulations #Custodia #Avanti #Federal Reserve #banking

Source CoinDesk