The United States District Court for the Southern District of New York (the “Court”) has issued a detailed and complicated Order in the case Banco San Juan Internacional, Inc. v. Fed. Reserve Bank of ...

(Reuters) -Crypto giant Ripple supports the idea of a "skinny" Federal Reserve payments account for non-banks, which could still be a game changer while addressing banks' concerns over financial ...

On October 21, 2025, Governor Christopher J. Waller of the Board of Governors of the Federal Reserve System (the “Federal Reserve”) delivered opening remarks at the inaugural Payments Innovation ...

The Federal Reserve has prevailed in a lawsuit seeking to compel it to grant a master account, with a federal judge deciding that that access is discretionary and the Fed decides who gets it and who ...

According to a ruling by a judge this past Friday (March 29, 2024), the US Federal Reserve will not be required to provide Wyoming-based digital asset bank Custodia access to a master account. Federal ...

As neobanks like Wyoming-chartered Custodia are suing the Federal Reserve to obtain a master account, the state of Texas and a special-purpose entity established by the state of Tennessee and other ...

The launch of the Fed’s instant payment FedNow system has raised the value of access to master accounts–which Kraken Bank, Custodia Bank and others haven’t been granted. In July, the Federal Reserve ...

Federal Reserve Governor Christopher Waller stated that the reserve bank plan is beginning a new phase and crypto will no longer have to be on the fringes while introducing another prototype in order ...

Custodia, a Wyoming-based crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account. A federal judge ruled last month ...

CHEYENNE — A U.S. District Court judge Friday ruled against Custodia Bank in its lawsuit challenging the denial of its application for a master account by the Federal Reserve Board of Governors (the ...