0xpmm.eth👤

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.

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.
𝕏/@EleanorTerrett •
Revision history

3 recorded changes

Want your article here?

Promote with Leviathan News
FED

"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."

Top comment by @Spencer420

More coverage

Explore the topic

More on FED

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

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

federalreserve.gov ·

Fed's Waller went in ready to cut rates, but Iran war oil spike forced a hold — says cuts still possible later in 2026

Fed's Waller went in ready to cut rates, but Iran war oil spike forced a hold — says cuts still possible later in 2026

Bloomberg ·

AI, which FED Governor Barr sees as a transformative general‑purpose technology, is likely to boost long‑run productivity but brings significant near‑term risks for workers, inequality, and inflation, so he argues monetary policy should remain cautious while society manages potential labor dislocation. (

AI, which FED Governor Barr sees as a transformative general‑purpose technology, is likely to boost long‑run productivity but brings significant near‑term risks for workers, inequality, and inflation, so he argues monetary policy should remain cautious while society manages potential labor dislocation. (

federalreserve.gov ·

Market week ahead: Fed’s Expected December Rate Cut Poised to Set the Tone for Global Central Banks in a Pivotal Week for Monetary Policy.

Market week ahead: Fed’s Expected December Rate Cut Poised to Set the Tone for Global Central Banks in a Pivotal Week for Monetary Policy.

CNBC ·

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.

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.

Beincrypto ·

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.

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.

crypto.news ·

Explore the full feed

Comments

Up nextForma shuts down its chain over unsustainable operations, moving NFTs to Ethereum