Custodia Bank Urges the U.S. Supreme Court to Review the Fed’s Master Account Ruling

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Custodia Bank has filed a brief urging the U.S. Supreme Court to review a ruling that permits regional Federal Reserve banks to reject master accounts from eligible institutions. According to the bank, the Tenth Circuit’s decision contradicts crypto legislation and CFT requirements. Custodia argues that the ruling undermines access to the financial system for institutions complying with CFT rules.
CoinDesk reports:

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News Updates

Custodia Bank urges the U.S. Supreme Court to review the Federal Reserve's master account ruling.

According to CoinDesk, cryptocurrency bank Custodia Bank filed a reply brief urging the U.S. Supreme Court to review a Tenth Circuit Court of Appeals decision that permits regional Federal Reserve Banks to deny master accounts to depositary institutions that meet statutory criteria.

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Yext completes the acquisition of Flamel.AI

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Crypto Updates

Crypto wallet revenues declined by 60% in the first half of 2026.

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Coinbase became the second-largest issuer of tokenized stocks, accounting for 26.7% of weekly DEX trading volume.

Coinbase is currently the second-largest issuer of tokenized stocks, accounting for 26.7% of weekly DEX trading volume, just behind Robinhood's 27.3%.

The BTC DVOL index is at 39.92 points.

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Michael Saylor: Spent $65.5 million on Bitcoin last week

According to CoinDesk, as reported by Yahoo Finance, Michael Saylor spent $65.5 million on Bitcoin last week, and the amount spent on repurchasing his company’s preferred shares exceeded three times that figure.

The ETH/BTC rate is 0.02919.

CoinMarketCap data: At the same point in time, the market shows that 1 ETH is approximately 0.02919 BTC.

Opinion

Adam Back: Liquid Network is fully operational again, 100% backed by Bitcoin.

CoinDesk reports that Adam Back announced that the Liquid Network is now fully operational again and is 100% backed by Bitcoin.

Yahoo Finance: John Ternus on Siri AI and the Future of Agentic AI

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Salesforce acquires AI voice agent startup Cresta

CoinDesk reports that Salesforce has announced the acquisition of AI voice agent startup Cresta, whose voice agents can handle customer service calls end-to-end and provide real-time guidance to human customer service representatives. Cresta’s clients include Marriott, Comcast, and Alaska Airlines. Cresta recently completed a $1.25 billion Series D funding round in November 2024, led by World Innovation Lab and Qatar Investment Authority. This deal follows Salesforce’s agreement two weeks ago to acquire Braze for approximately $5.66 billion; specific terms have not been disclosed. The transaction is expected to close in the first quarter of Salesforce’s fiscal year 2028.

Economists warn that the U.S. may face a debt and currency crisis.

CoinDesk reports that economists have warned that the U.S. debt and currency crisis could occur before artificial intelligence delivers its promised economic benefits. He estimates unrealized mortgage losses could reach $2 trillion and predicts that federal interest costs will reach $2 trillion annually by 2027.

Apple's CFO expects first-quarter revenue growth of 7% to 10%.

According to CoinDesk, Apple's Chief Financial Officer stated that the company expects total revenue for the first fiscal quarter to grow by 7% to 10%.

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