Custodia Bank: Blockchain Association Files Supreme Court Brief
Custodia Bank Supreme Court petition receives Blockchain Association amicus brief support while Kansas City Fed deadline moves to September 11 amid master account access fight.
SourceAnalysis
Blockchain Association filed an amicus brief backing Custodia Bank’s petition to the Supreme Court on whether regional Federal Reserve Banks can deny eligible state-chartered banks master accounts, warning the lower court ruling hands the Fed unchecked power to debank disfavored sectors; the filing forms part of ongoing Custodia Bank vs Federal Reserve master account Supreme Court history and Blockchain Association amicus briefs crypto banking regulation efforts, with the Kansas City Fed now responding by September 11.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.