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Bitcoinist 2023-03-24 22:39:40

Crypto-friendly Custodia Bank Faces Setback As Fed Denies Application For Supervision

The Crypto-friendly Custodia bank, founded by Caitlin Long, a well-known figure in the crypto industry, has been denied its application to come under the supervision of the U.S. Federal Reserve (Fed), according to an official announcement. The Board had previously announced the denial of the application. Still, the announcement confirmed that the order outlining the

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