Payment Systems
Custodia Bank's Appeal Denied in Master Account Case Against Federal Reserve
The 10th Circuit Court of Appeals upheld the Federal Reserve's discretion to reject Custodia Bank's master account application, marking a significant decision on access to Fed payment systems. Despite Custodia's legal challenge, the court ruled against mandatory account granting, with ongoing debates about crypto firms' access.
Published at 2025-11-01 07:18:55
GENIUS Act: A New Era for US Stablecoins and Fintech Innovation
The GENIUS Act signed into law in 2025 creates a national regulatory framework for US payment stablecoins. It promises to simplify compliance for fintech firms and could revolutionize payment systems, offering consumers smoother transactions. Platforms like Bitlet.app, with its crypto installment solutions, stand to benefit from this innovation by making crypto more accessible and user-friendly.
Published at 2025-10-09 09:08:39