"I'm nervous like I was in 2008," Jason Brett, a former regulator with the Federal Deposit Insurance Corporation, said.
The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order ...
The final amount of stolen crypto is still being tallied as investigations continue, but about 56 BTC (about $1.5 million) ...
The Federal Reserve, in an order published Friday, explained that it rejected Custodia Bank's application to become a member ...
The Federal Reserve is not just rejecting Custodia Bank’s membership in its system, it appears to be putting a huge circle with a big line through it for all Wyoming digital banks.
A crypto bank–or a traditional bank that wants to ... Yet earlier this year, the Federal Reserve rejected an application from just such a bank, Custodia, which was chartered under Wyoming ...
The collapse of crypto-friendly Silvergate and Signature Bank has left the industry scrambling to find anyone willing to work ...
The CFTC has just filed a lawsuit against Zhao and his firm Binance, the world's largest cryptocurrency exchange, for ...
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 ...
If regulatory parameters for crypto are spelled out, "people would spend a lot less time thinking about, 'What are the rules?
The US Federal Reserve released an 86-page report on Friday, detailing the reasons for denying Custodia Bank's application ...
