Blockchain As2026-08-12 21:47:32Blockchain Association Files Amicus Brief Supporting Custodia Bank in Supreme Court Master Account ReviewThe Blockchain Association, a crypto industry group, has submitted an amicus brief in support of Custodia Bank's application to the U.S. Supreme Court. The filing urges the high court to examine whether regional Federal Reserve banks have the discretion to refuse a qualifying state-chartered bank access to a master account. In its brief, the association warns that the lower court's ruling in favor of the Federal Reserve gives the central bank broad authority to strip banking services from industries or companies it does not recognize, and to effectively veto which state-chartered banks are permitted to operate. The warning highlights the group's concern that the central bank could decide who is allowed to participate in the banking system. Separately, the Kansas City Federal Reserve, the regional reserve bank involved in the case, has been granted an extension, with its response to Custodia's application now due on September 11. The news was relayed by a Fox Business crypto reporter on X, according to Odaily.1560
dormant bitco2026-07-22 21:00:14Digital Chamber Opposes New York Lawsuit Over 39,069 Dormant Bitcoin Addresses Worth $234 BillionThe Digital Chamber filed an amicus brief opposing a New York lawsuit claiming 39,069 dormant Bitcoin addresses containing 3.7M BTC (~$234B). It warned that accepting such claims would undermine digital asset property rights. Some listed wallets show recent activity, while private key issues remain unresolved.470
Gary Gensler2026-06-12 06:28:48Gary Gensler Tells Court CFTC Lacks Authority Over Sports Prediction MarketsFormer CFTC and SEC Chair Gary Gensler filed an amicus brief with an appeals court arguing that federal law does not give the CFTC authority to regulate sports-related prediction markets. Other entities filed similar briefs, saying such markets violate state and tribal regulatory rules.700
