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Crypto Bank Custodia Denied Membership in US Federal Reserve System

Post author:MiamiCrypto
Post published:January 29, 2023
Post category:application Bank Banks board Central Bank Crypto crypto assets Cryptocurrencies Cryptocurrency Custodia denial Fed Federal Reserve Federal Reserve Board Finance master account Member Membership U.S.US

The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by…

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told…