2023-01-30
The @federalreserve is independent? Hardly. The Fed dropped their bomb right behind the White House not 2 hours later. White House statement: https://www.whitehouse.gov/... Fed statement: https://www.federalreserve.gov/ ... Fed action on Custodia application: https://www.federalreserve.gov/ ...
Reuters
The US Federal Reserve rejects Custodia Bank's application to become a Federal Reserve System member, citing safety risks with its crypto-focused business model
2023-01-29
The @federalreserve is independent? Hardly. The Fed dropped their bomb right behind the White House not 2 hours later. White House statement: https://www.whitehouse.gov/... Fed statement: https://www.federalreserve.gov/ ... Fed action on Custodia application: https://www.federalreserve.gov/ ...
Reuters
The US Federal Reserve rejected Custodia Bank's application to become a Federal Reserve System member, citing safety risks with the bank's crypto-focused model
The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank's application to become a member of the Federal Reserve System …
2020-12-04
Centralization of power for a decentralized world. No thanks. This industry has been light years more successful in bringing financial freedom to the unbanked and that happened without cronyism as suggested in this bill. https://twitter.com/...
CoinDesk
Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more
Nikhilesh De / CoinDesk :
2020-12-03
Centralization of power for a decentralized world. No thanks. This industry has been light years more successful in bringing financial freedom to the unbanked and that happened without cronyism as suggested in this bill. https://twitter.com/...
CoinDesk
Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more
A new U.S. Congressional bill would require stablecoin issuers to secure bank charters and secure regulatory approval prior to circulating any stablecoins.