Custodia’s five-year fight for a Fed master account effectively ends in 7-3 appeals court loss

3/14/2026, 8:01:33 PM
Betty LynnBy Betty Lynn
Custodia’s five-year fight for a Fed master account effectively ends in 7-3 appeals court loss

The decision arrives days after the Kansas City Fed granted Kraken the first-ever crypto master account, a landmark for the crypto industry.