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Legal Judgment Against Custody Will Not Stop Crypto Banks From Accessing the Federal Reserve: Td Cowen
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The judicial rejection against Custodial Bank is only a temporary stumbling block, according to TD Cowen analysts, who anticipate that more entities in the crypto sector are going to access “thin master accounts” by the Fed. *** Analysts see an inevitable integration between traditional and crypto finances. The ruling reaffirms the Federal Reserve’s discretion over master accounts. It is anticipated that other crypto companies will continue to s…
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