Federal court ends Custodia Bank's legal bid for a master account
One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.”
One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.”
Original source
Read on CointelegraphRelated market context
Federal Reserve’s quarterly financial accounts report still has a crypto-sized blind spot
The exclusion of crypto from the Fed's report highlights the ongoing disconnect between traditional finance and emerging digital a...
Japan’s SBI is using XRP to solve a banking problem
SBI Shinsei Bank is reportedly offering crypto deposit rewards to customers, with vouchers worth 20% of their interest payments re...
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Solana Foundation launches Frontier Traders program for institutional access to SpaceX tokenized equity
The program could redefine pre-IPO trading, challenging traditional markets and highlighting regulatory complexities in tokenized...
Solana Foundation Launches Frontier Traders, an Institutional Program for $500M+ Volume Firms
The Solana Foundation launched Frontier Traders Thursday afternoon, a formal institutional program for elite trading firms, with t...