🚨Blockchain Association Backs Custodia’s Supreme Court Bid
The Blockchain Association has filed an amicus brief supporting Custodia Bank in its Supreme Court challenge against the Fed’s denial of master account access.
• The case questions whether regional Fed banks can deny eligible state-chartered banks access to master accounts.
• Master accounts provide direct access to the Fed’s payment infrastructure.
• Custodia has already lost in federal district court and the 10th Circuit.
• The Supreme Court petition was filed last month.
• The Kansas City Fed is due to respond by Sept. 11.
• The Blockchain Association says the case could impact whether lawful digital asset businesses can compete on equal footing.
#news #updated #crypto #blockchain
Pavel Durov Congratulates Telegram’s Top User
Today, Telegram founder Pavel Durov sent a Diamond gift to @/boris with the message “🎂”.
@/boris is currently ranked #1 among Telegram users, with his gift collection estimated to be worth over $120,000.
A few months ago, Boris reportedly spent $75,000 to move his ranking from 87th to 88th place.
#Telegram #Gifts #NFT #PavelDurov #news #TelegramNews #updates