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Crypto group backs Custodia in Supreme Court battle over Fed access

CryptoInfo Editorial Team  ·  Published on August 13, 2026 at 17:36  ·  Updated on August 13, 2026  ·  1 min read

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Key Takeaways

  • The Blockchain Association is backing Custodia in its Supreme Court case against the Fed
  • The case is about access to the Fed's payment system for eligible state-chartered banks
  • The Blockchain Association argues the Fed should not have broad discretion to deny access
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

The Blockchain Association has come out in support of Custodia in its Supreme Court battle against the Federal Reserve over access to the central bank's payment system.

The Blockchain Association argues that the Fed should not have broad discretion to deny eligible state-chartered banks direct access to its payment system, according to reporting from CoinTelegraph.

This development is part of a larger case in which Custodia is fighting for access to the Fed's payment system, which is crucial for the operations of banks and other financial institutions.

Source: CoinTelegraph ↗