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Blockchain Association Supports Custodia Bank in US Supreme Court Case

Blockchain Association has filed an amicus brief supporting Custodia Bank in its legal challenge against the Federal Reserve Bank of Kansas City over the denial of a master account.

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The case concerns the legal right of regional Federal Reserve Banks to provide master accounts to financial institutions. Custodia Bank, which is contesting the Federal Reserve's refusal, argues that such access is a fundamental banking right. The outcome of this case could have broad implications for digital asset firms and the banking industry at large. The Supreme Court is expected to deliver a decision by September 11, 2026, and the case is closely watched by industry stakeholders.

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The case could influence the regulatory landscape for digital asset firms and their access to banking services.