Pro-crypto Custodia Bank sues the Fed for ‘unlawful’ master account delay
Caitlyn Long’s Custodia Bank has officially sued the Federal Reserve over a 19-month delay in deciding on its master account application.
Caitlyn Long’s Custodia Bank has officially sued the Federal Reserve over a 19-month delay in deciding on its master account application.
Despite calling the measures “unethical,” Binance chief Changpeng Zhao says the company “must continue to lead the industry in implementing these sanctions.”
Kraken’s CEO, alongside other exchanges, issued warnings about storing funds with centralized custodians as Russian sanctions pile up.
Binance is blocking crypto traders on sanctions lists but won’t widely ban Russian users, as it would supposedly go against crypto’s values.
OpenSea is now valued at $13.3 billion after a fresh funding round, meaning the NFT market is worth more than exchanges Kraken and Gemini.