Custodia Bank has officially expressed its desire to appeal the US District Court ruling in Wyoming, which supported the decision of the Federal Reserve Bank of Kansas City (FRBKC) to deny the crypto bank a master account. This move is part of Custodia’s continued efforts to secure direct access to the Kansas City Fed’s payment systems, which it deems crucial for the growth of its operations.
Total crypto market cap valued at $2.262 trillion on the daily chart | Source: TOTAL chart on Tradingview.com
Featured image from New York Times, chart from Tradingview
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Author: Semilore Faleti
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