U.S. Appeals Court Upholds Federal Reserve's Decision Against Custodia

According to Foresight News, the U.S. Tenth Circuit Court of Appeals has ruled in favor of the Federal Reserve in a 2-1 decision, rejecting Custodia's request to compel the central bank to grant it a master account. This decision marks a significant development in the ongoing legal battle between Custodia and the Federal Reserve over access to central banking services.