Fed rejects crypto bank ' s application to join U.S. payment system

The Federal Reserve Board on Friday rejected a Wyoming-based crypto-centric bank’s application to become a member of the central bank’s exclusive payment system. In a press release, the Fed said the firm’s proposed business plan, and focus on crypto assets, presented significant safety and…#federalreserveboard #wyoming #custodia #avanti #boards #caitlinlong #federalreserves #jaretseiberg #cowen #marketwatch
Source: Reuters: Health - Category: Consumer Health News Source Type: news