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U.S. lawmakers Support Custodia Bank In Legal Battle

U.S. lawmakers Support Custodia Bank In Legal Battle

The Custodia Bank sued the Federal Reserve in June, claiming that the Fed’s deferral of judgment is illegal and unfair to crypto institutions. In its ongoing legal battle to obtain a master account at the Federal Reserve, Custodia Bank has received support from seven Republican members of Congress in the United States.Sens. Cynthia Lummis (R-Wyo.), […]

Traders Buy Year-End Bullish Bets in the Options Market

Traders Buy Year-End Bullish Bets in the Options Market

In anticipation of a resolution to Ripple’s legal dispute with the U.S. SEC, Traders are picking up bullish wagers. XRP, a cryptocurrency that focuses on payments, has outperformed bigger cryptocurrencies this month with a significant rally. In the options market, some traders are grabbing optimistic wagers in the hopes of sustaining gains through the year’s […]