1 / 1 Relevant items tagged with #Custodia

Posts

Debanked: The Financial Suppression of Bitcoin Businesses Must End

[Dec 2 4:26 PM] We can't live in a world where somebody starts a company that's a completely legal thing, and then they literally [] get sanctioned [] and embargoed by the United States government through a completely unaccountable [process] by the way. No due…

Former US solicitor general claims regulators want to ‘debank’ crypto

[Jul 5 3:03 PM] Several parties have filed amicus briefs with the appellate court in support of Custodia Bank receiving approval for a master account from the Federal Reserve.

The Federal Reserve, Custodia Bank, and the Battle over Sovereignty

[Jul 5 1:00 PM] IntroductionAs it moves into the active appeal stage at the Tenth Circuit, the ongoing legal battle between Custodia Bank and the Federal Reserve has garnered significant attention, especially given the involvement of various amicus briefs. A total…

NRA & Cantero In The Supreme Court: Implications for Operation Choke Point 2.0 and Custodia Bank

[May 31 10:01 AM] Yesterday, the Supreme Court of the United States issued two important cases which will likely have wide ranging impacts for Bitcoin and crypto. The decisions are National Rifle Association of America v. Vullo (NRA) and Cantero, et al. v. Bank of…

Custodia Bank Appeals Court Loss in Fed Master Account Lawsuit

[Apr 26 10:45 AM] Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership.

Court Dismisses Custodia Bank’s Challenge Against Federal Reserve

[Mar 31 3:21 PM] In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal…

Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application

[Mar 29 3:58 PM] A federal judge ruled that Custodia Bank, a Wyoming special-purpose depository institution, isn't entitled to membership in the Federal Reserve or to a Fed master account.

Custodia's Lawsuit Against The Fed Exposes The Fractional Reserve Banking Model

[Jul 11, 2023 3:26 PM] Custodia, an innovative bitcoin and cryptocurrency bank seeking to establish a charter in Wyoming, took a bold step by filing a groundbreaking lawsuit against the Federal Reserve on June 7, 2022. The legal action stemmed from the Fed's inexplicable…

'Operation Choke Point 2.0' Is SEC's 'Chemotherapy' for $14B Ponzi Problem, BCB's CEO Says

[Apr 28, 2023 10:36 AM] What happened to Custodia Bank is "tragic" under current administration's efforts to de-bank crypto industry, BCB's Oliver von Landsberg-Sadie said.

A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking

[Mar 26, 2023 10:30 PM] Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of…

Federal Reserve Says Custodia’s Crypto-Focused Business Model Is ‘Inconsistent’ With Approval

[Mar 24, 2023 11:42 AM] 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.

Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

[Feb 18, 2023 9:30 AM] Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law…

Crypto Bank Custodia Denied Membership in US Federal Reserve System

[Jan 29, 2023 5:30 AM] 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…