Custodia Bank’s membership rejection by the Federal Reserve Board is more alarming for crypto banking than the recent troubles of Binance, Juno and Signature Bank combined.
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Custodia Bank’s membership rejection by the Federal Reserve Board is more alarming for crypto banking than the recent troubles of Binance, Juno and Signature Bank combined.
The firm paused services last month amid its former crypto custodian Wyre‘s turmoil.
Juno‘s current custodian, Wyre, will liquidate in January.