Story Highlights* Custodia Bank fights Fed denial of a master account, challenging federal override of state-chartered crypto banks and sparking constitutional questions.
Wyoming’s SPDI model faces a test as Custodia Bank claims Fed discretion blocks innovation, fueling crypto industry push for alternative payment systems.
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Crypto Bank Custodia Challenges Fed Authority
Story Highlights* Custodia Bank fights Fed denial of a master account, challenging federal override of state-chartered crypto banks and sparking constitutional questions.