Crypto Bank Custodia Denied Membership in US Federal Reserve System

The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the digital asset bank is inconsistent with legal requirements.

The information on this page is not intended for market placement decisions. Global Meta Media Consortium® and/or does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results.
Global Meta Media Consortium® All rights reserved 2023.

Global Meta Media Consortium®