Fed Beats Crypto-Focused Bank's Master Account Suit <https://www.law360.com/fintech/articles/1819650?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-02&read_main=1&nlsidx=0&nlaidx=0>
By Katryna Perera The Federal Reserve Bank of Kansas City has defeated a suit brought by crypto-focused Custodia Bank over its battle for a so-called master account, with a Wyoming federal judge ruling that Custodia's reading of the law doesn't show it's statutorily entitled to such an account because Congress does not "hide elephants in mouse holes." Order attached | Read full article » <https://www.law360.com/fintech/articles/1819650?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-02&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.com/fintech/articles/1819650?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-02&read_later=1&nlsidx=0&nlaidx=0>
