Custodia says a 1980 law requires Fed services for eligible nonmember banks. The justices have the case set for a Nov. 13 conference.
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ChainCatcher reports that cryptocurrency bank Custodia Bank has filed a response urging the U.S. Supreme Court to review a ruling by the Tenth Circuit Court of Appeals. This ruling allows regional Federal Reserve banks to refuse to open master accounts to depository institutions that meet statutory requirements.