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Wyoming crypto bank's Federal Reserve application denied

Por: WPLG Local 10 Tech January 28, 2023

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CHEYENNE, Wyo. – The Federal Reserve Board has denied a Wyoming cryptocurrency bank's application for Federal Reserve System membership, officials announced Friday, dealing a setback to the crypto industry's attempts to build acceptance in mainstream U.S. banking.Many in crypto have been looking to Cheyenne-based Custodia Bank's more than 2-year-old application as a bellwether for crypto banking. Approval would have meant access... + full article



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