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Nov 3, 2025

Last week in crypto regulation (Oct 27 – Nov 2): 1/ Court rejects Custodia’s Fed master account — Even with a bank charter, direct access requires approval from a regional Reserve Bank. https://news.bloomberglaw.com/banking-law/wyoming-crypto-bank-custodia-loses-appeal-over-fed-account

Wyoming Crypto Bank Custodia Loses Appeal Over Fed Account (2)

A Wyoming bank that provides custody services for cryptocurrency companies isn’t entitled to access the Federal Reserve’s payment system, a federal appeals court ruled.