Caitlin Long’s crypto bank loses appeal over Fed master account
Market Intelligence Analysis
AI-PoweredCaitlin Long's crypto bank, Custodia, is facing challenges in securing a Fed master account, which has led to a loss of appeal. The bank is contemplating a petition for a rehearing after a prolonged legal battle, indicating ongoing regulatory hurdles in the crypto banking sector.
Market impact analysis based on bearish sentiment with 85% confidence.
Article Context
Custodia said it was “actively considering” petitioning the appellate court for a rehearing following the Tenth Circuit judgment, filed more than five years after its application.
Analysis and insights provided by AnalystMarkets AI.