Hacker News new | ask | show | jobs
by ursuscamp 1190 days ago
Custodia in Wyoming has been going through this same thing, recently. They tried to start a 100% reserve bank. The Fed has been ignoring their application for a Master Account for two or three years, until just recently, they were told on the side to withdraw the application or it would be formally denied.

Then, according to the CEO of the bank, the Fed leaked to the press.