Custodia Bank asks full federal appeals court to reconsider ruling upholding the Fed’s denial of its master account, arguing the decision misreads banking law and undermines state authority.

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"The petition argues the panel misinterpreted the Monetary Control Act, which it says gives any eligible bank a right to a master account, undermined state banking authority, and raised serious constitutional concerns."

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Custodia Bank v. Federal Reserve Board of Governors, No. 24-8024 ... (law.justia.com)
US appeals court denies Custodia Bank rehearing in Fed case (crypto.news)
Appeals court backs Fed's decision to deny master account to crypto ... (texasbankers.com)
The Clearing House and BPI File Amicus Brief Opposing Rehearing ... (theclearinghouse.org)
24-8024 - Custodia Bank v. Federal Reserve Board of Governors, et ... (ca10.uscourts.gov)

Custodia Bank asks full federal appeals court to reconsider ruling upholding the Fed’s denial of its master account, arguing the decision misreads banking law and undermines state authority.

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Custodia Bank asks full federal appeals court to reconsider ruling upholding the Fed’s denial of its master account, arguing the decision misreads banking law and undermines state authority.

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The Coinbase Bitcoin Premium flipped positive for the first time in weeks, signalling a rebound in US demand as silver hits a record high and hard-asset appetite returns. With seller exhaustion and Fed-pivot hopes rising, Bitcoin could see a more active December.

U.S. inflation and jobs data this week could jolt crypto markets as thin holiday liquidity amplifies volatility. Traders watch PPI and PCE closely for clues on the Fed’s next move.

Fed confirms no plans to build or issue a CBDC, backs stablecoins and tokenized deposits as alternatives

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The Coinbase Bitcoin Premium flipped positive for the first time in weeks, signalling a rebound in US demand as silver hits a record high and hard-asset appetite returns. With seller exhaustion and Fed-pivot hopes rising, Bitcoin could see a more active December.

U.S. inflation and jobs data this week could jolt crypto markets as thin holiday liquidity amplifies volatility. Traders watch PPI and PCE closely for clues on the Fed’s next move.

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