The Federal Reserve, in an order published Friday, explained that it rejected Custodia Bank's application to become a member ...
The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order ...
After the recent bank failures, it's time to take another look at the idea that the banking system needs protection from ...
The United States Federal Reserve released an 86-page report on March 24 detailing the reasons for denying Custodia Bank's application for membership in January, including the bank's involvement in ...
Though the Fed admitted Custodia has sufficient capital and resources to launch, it has “fundamental concerns” about the ...
The collapse of crypto-friendly Silvergate and Signature Bank has left the industry scrambling to find anyone willing to work ...
The two biggest banking institutions serving cryptocurrency businesses in the U.S. have shut down in the last four days.
Although the underlying technologies are a clever solution for the problem of how to execute transactions without a trusted ...
The Federal Reserve Board further expounded on the risk management deficiencies it found at Custodia Bank as part of the ...
The fact that trust in traditional banks has been steadily declining over the past few decades is well-established.
The network has had a first-mover advantage thus far as a platform developers could build apps on, a report from the bank ...