According to BlockBeats, Fox reporter Eleanor Terrett posted on social media that "this week the judge may rule on the case of digital asset bank Custodia Bank against the Federal Reserve, because it will start two trials on April 1. This case The results could be landmark for both the crypto industry and state banks."

As previously reported, a Wyoming federal judge rejected the Federal Reserve’s request to dismiss digital asset bank Custodia Bank’s lawsuit against it. Custodia previously applied for a master account at the Federal Reserve Bank of Kansas City, but was rejected multiple times by the Fed. Currently authorized under Wyoming state law, Custodia operates as a Special Purpose Depository Institution (SPDI), offering cryptocurrency and traditional banking services.