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Fed Crushes Caitlin Long’s Crypto Bank’s 5-Year Bid for Master Account

Fed Crushes Caitlin Long’s Crypto Bank’s 5-Year Bid for Master Account

A U.S. appellate court has ruled against Custodia Bank, the Wyoming-based crypto-focused institution founded by former Morgan Stanley executive Caitlin Long, in its long-running battle to gain direct ...

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1 min
Treasury set new I bond rate at 4.03% for Nov–Apr

Treasury set new I bond rate at 4.03% for Nov–Apr

The U.S. Department of the Treasury has announced new rates for Series I bonds, setting it at 4.03%, applied to new purchases from tomorrow, November 1, through April 30, according to the US Departmen...

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1 min
Bad News for the Cryptocurrency World from the Federal Court: Especially Relevant for Ripple

Bad News for the Cryptocurrency World from the Federal Court: Especially Relevant for Ripple

A federal appeals court in Denver, USA, rejected a lawsuit filed by cryptocurrency bank Custodia seeking a “master account” from the Fed, upholding a lower court's decision. The decision stated that w...

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1 min