Cryptocurrencies: 26307
Markets: 103788
Market Cap: $3,243,668,241,616     
24h Vol: $147,397,847,100
CoinDesk 2023-01-27 17:43:29

Custodia Bank Denied Federal Reserve System Membership

The Federal Reserve Board has denied Custodia Bank’s application for membership, claiming the crypto-focused institution’s “novel business model and proposed focus on crypto-assets presented significant safety and soundness risks.”
esptco-banner img

Videos
  • Cardano: What is Cardano (ADA)? Explained!

  • Stock Market Vs Crypto Fundamentals! Which is the best? Explained!

  • Ripple XRP: What is Ripple XRP? EXPLAINED!

  • DEFI: What is Defi? A Beginner's Guide to Decentralized Finance!

Our Partners