Blockchain Association backs Custodia’s Supreme Court bid over Fed master account access

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Blockchain Association backs Custodia’s Supreme Court bid over Fed master account access

60-second summary

The Blockchain Association is backing Custodia's Supreme Court bid to access a Fed master account, arguing the case is about ensuring lawful digital asset businesses can compete on equal footing, a crucial step towards mainstream adoption and regulatory clarity for the industry, which has been hindered by inconsistent access to traditional banking services and liquidity.

The industry group said the case is about ensuring 'lawful digital asset businesses can compete on equal footing.'