Home Cryptocurrency Republican lawmakers have filed an Amicus Brief in support of Custodia Bank’s legal battle with the Federal Reserve

Republican lawmakers have filed an Amicus Brief in support of Custodia Bank’s legal battle with the Federal Reserve

by SuperiorInvest

In custody complaintattorneys for the Wyoming-based bank argued that the master account was “essential to Custodia’s ability to operate effectively and efficiently” and that the Fed’s continued bluster about the decision was harming Custodia’s customers — and labeled it a “black box.” a bureaucratic process with no clear rules’ that allowed him to ‘act in complete secrecy whenever and however they choose’.

Source Link

Related Posts

%d bloggers like this: