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Axios on MSN23h
Fed cites bank runs, other crypto risks for Custodia rejection
The Federal Reserve, in an order published Friday, explained that it rejected Custodia Bank's application to become a member ...
CoinDesk on MSN1d
Federal Reserve Says Custodia’s Crypto-Focused Business Model Is ‘Inconsistent’ With Approval
The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order ...
Opinion
1dOpinion
Finance Runs on Trust. Crypto Should Get to Earn It, Too.
After the recent bank failures, it's time to take another look at the idea that the banking system needs protection from ...
CoinTelegraph2h
Custodia Bank's membership denied for ties with crypto markets, says US Fed
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 ...
22h
Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry
Though the Fed admitted Custodia has sufficient capital and resources to launch, it has “fundamental concerns” about the ...
9d
Crypto Faces a Banking Crisis. For Some, It’s a Conspiracy
The collapse of crypto-friendly Silvergate and Signature Bank has left the industry scrambling to find anyone willing to work ...
12d
Crypto just lost both of its main banks. Here's what it means for the industry going forward
The two biggest banking institutions serving cryptocurrency businesses in the U.S. have shut down in the last four days.
2d
White House Slams Crypto As Offering 'No Widespread Economic Benefits'
Although the underlying technologies are a clever solution for the problem of how to execute transactions without a trusted ...
Compliance Week
23h
Fed details Custodia Bank membership rejection over risk deficiencies
The Federal Reserve Board further expounded on the risk management deficiencies it found at Custodia Bank as part of the ...
3d
Banking Crisis: Is PreSend The Solution to Crypto's Adoption Problem?
The fact that trust in traditional banks has been steadily declining over the past few decades is well-established.
2d
Ethereum Usage Will Drop If the Blockchain Doesn’t Boost Speed: Bank of America
The network has had a first-mover advantage thus far as a platform developers could build apps on, a report from the bank ...

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