MAROKO133 Eksklusif crypto: Custodia Bank Loses Final Court Appeal Over Federal Reserve Ma

📌 MAROKO133 Update crypto: Custodia Bank Loses Final Court Appeal Over Federal Res

A US federal appeals court has rejected Custodia Bank’s final attempt to challenge the Federal Reserve’s authority over granting master accounts, bringing an end to the crypto-focused bank’s five-year legal fight for direct access to the central bank’s payment infrastructure.

The US Court of Appeals for the Tenth Circuit said in a filing on Friday that it would not hear Custodia’s final appeal in a 7–3 vote, effectively closing the case and reinforcing the Federal Reserve’s discretion over who can access its banking services.

Custodia Argued Fed Must Grant Master Account to State-Chartered Banks

Custodia first applied for a Federal Reserve master account in October 2020.

Such accounts allow financial institutions to hold reserves directly at the central bank and connect to its payment rails, enabling banks to settle transactions without relying on intermediary institutions.

After its application was denied, Custodia took the dispute to court, arguing that the Monetary Control Act requires the Fed to provide services to state-chartered banks and therefore entitles it to a master account.

The bank maintained that access to the central bank’s payment system was critical to its operations as a digital asset-focused institution.

However, courts reviewing the case repeatedly sided with the Federal Reserve, concluding that the central bank retains discretion when deciding whether to grant master accounts.

The decision arrives shortly after crypto exchange Kraken secured a limited form of direct access to the Federal Reserve system.

On March 4, Kraken became the first crypto platform to obtain a master account from the Federal Reserve Bank of Kansas City.

Kraken’s account allows the firm to connect to the Fedwire payments network, though it does not grant the full suite of services typically available to traditional banks.

The development sparked speculation that US regulators might consider issuing “skinny” or restricted master accounts to crypto firms seeking closer integration with the banking system.

Despite the ruling against Custodia, one judge offered a forceful dissent. Judge Timothy Tymkovich argued that access to a master account is “indispensable” for banks and said denying one is “akin to a death sentence.”

Tymkovich noted that shortly after Custodia submitted its application in 2020, the Federal Reserve initially indicated that the proposal had “no showstoppers.”

He added that he disagreed with the majority’s view that reserve banks have broad discretion over such applications.

Revolut Files Second Bid for US Bank Charter to Expand Nationwide

Fintech company Revolut has filed a new application for a US national bank charter, marking its second attempt to obtain a banking license in the country.

The London-based firm submitted the application to the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to establish “Revolut Bank US, N.A.”

If approved, the charter would allow Revolut to operate under a single federal regulatory framework across all 50 US states.

Revolut’s move comes as more fintech and crypto firms seek US bank charters through the OCC.

Recent applicants for national bank charters include Nubank, Crypto.com, Circle, Ripple, BitGo, Fidelity Digital Assets and Paxos, signaling growing interest among fintech and digital asset firms in gaining direct access to the US banking system.

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📌 MAROKO133 Hot crypto: Trump Meme Coin Jumps 60% After Promoters Advertise Mar-a-

A meme coin linked to US President Donald Trump surged as much as 60% over the past 24 hours after promoters touted an exclusive gala at the president’s Mar-a-Lago resort, though the White House has not confirmed whether Trump will attend the event.

The rally pushed the token, commonly referred to as the TRUMP meme coin, as high as $4.43 before easing to around $3.88, according to data from CoinMarketCap.

At the time of writing, the token is trading at around $4.07, up by 14.32% over the past day.

Trump Meme Coin Volume Tops $1.6B as Derivatives Interest Jumps

Trading activity spiked sharply following the announcement, with 24-hour volume surpassing $1.6 billion.

Derivatives markets also reacted to the surge, with open interest climbing more than 20%, data from Coinglass shows.

Despite the sharp rebound, the token remains far below its earlier highs. The TRUMP coin has lost more than 90% of its value since peaking near $44 shortly after launching in January 2025.

The event at the center of the latest surge is the Fight Fight Fight conference, scheduled for April 25, which organizers say will include a gala luncheon with the president at Mar-a-Lago.

However, Trump’s attendance has not been confirmed by the White House. A White House official, speaking anonymously, told Bloomberg that the president was not currently listed as attending the gathering.

The uncertainty is reflected in the event’s own terms. The conference website notes that Trump “may not be able to attend” and that the event itself could be canceled.

If that happens, qualified participants could instead receive a limited-edition TRUMP NFT, according to the terms.

Organizers have nonetheless insisted the president will appear. In an email statement, Fight Fight Fight reportedly told Bloomberg that Trump’s attendance had been confirmed, adding that the announcement would not have been posted on the official TRUMP token website otherwise.

Participation in the conference is tied directly to token ownership. According to the event rules, the top 297 TRUMP token holders who connect their wallets to a leaderboard, or verify holdings through brokerage Robinhood, will qualify to attend.

The top 29 holders will receive invitations to a smaller reception featuring Trump.

Eligibility is determined by time-weighted token holdings during the qualifying period, along with certain merchandise purchases tied to the project.

Mar-a-Lago Emerges as Hub for Trump-Linked Crypto Events

Mar-a-Lago has increasingly become a gathering place for crypto-related initiatives seeking proximity to Trump.

Earlier this year, the Trump family’s crypto venture World Liberty Financial hosted an event at the resort.

The meme coin itself traces back to promoter Bill Zanker, who helped organize a similar dinner with Trump for token holders last year.

That event briefly boosted the coin’s price before the rally faded. Attendees reportedlyincluded crypto entrepreneur Justin Sun.

As reported, Bitcoin has shed roughly 25,000 millionaire addresses in the year since Donald Trump returned to the White House, even as US policy shifted toward a more crypto-friendly stance.

Blockchain data shows the number of addresses holding at least $1 million in BTC fell about 16% year over year, suggesting regulatory optimism has not translated into sustained on-chain wealth growth.

The pullback was less severe among the largest holders. Addresses with more than $10 million in Bitcoin declined by about 12.5%, indicating that top-tier investors were better able to withstand price volatility, while wallets near the millionaire threshold were more exposed to market swings.

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