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Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry
- linkweb3
- 2023-03-25
- 2576
- Newsletter
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Summary:The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership.
The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership.
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