Senator Lummis Speaks Out Against Court Ruling in Custodia vs Fed Case

Following a judgment of the case between Custodia Bank and the Federal Reserve (Fed), US Senator Cynthia Lummis cited her disagreement, stressing the necessity to observe regulation surpassed via Congress for the problem of grasp debts to Special Purpose Depository Institutions (SPDIs) in Wyoming.

The verdict that liked the Fed has fueled talks about the implications on monetary freedom and innovation in the United States, specifically inside the rising cryptocurrency sector.