A recent appellate court decision has definitively ended Custodia Bank’s protracted effort to gain direct connectivity to the Federal Reserve’s payment system. This conclusion marks the finale of a five-year battle, asserting the Federal Reserve’s considerable authority over which financial entities can connect with its core payment systems.
Continue Reading:Federal Reserve’s Grip on Payment System Access Underscored by Court Decision
Source: https://en.bitcoinhaber.net/federal-reserves-grip-on-payment-system-access-underscored-by-court-decision
