Digital asset bank Custodia sues the Federal Reserve Board and the Federal Reserve Bank of Kansas City for “unlawfully” delaying its master account application
It looks like every #Bitcoin business is going to sue their regulator. First, @Grayscale threatens to sue the @SECGov. Now, @custodiabank is suing the Federal Reserve for “unlawfully” delaying ruling on Custodia's master account application for 19 months. https://www.forbes.com/.…
HUGE story with implications for everyone in bitcoin and the entire traditinal banking sector. Bitcoin Bank Custodia Sues Federal Reserve, Demanding Decision On Master Account: https://www.forbes.com/... via @ForbesCrypto edited by @janetnovack