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Hello world!

1
Wyoming Crypto Bank petition headlines a rapidly intensifying legal confrontation that could reshape how crypto banks access the U.S. financial system. Wyoming-chartered Custodia Bank has formally petitioned the full Tenth Circuit Court of Appeals to review the Federal Reserve’s denial of its master account, escalating a five-year fight with sweeping implications for federal power, state banking authority, and digital asset innovation. Wyoming Crypto Bank petition filings submitted on December 15 request an en banc review, asking all active judges on the Tenth Circuit to reconsider an October panel ruling that upheld the Fed’s decision. Custodia argues the panel misread federal law and endorsed a system that grants regional Federal Reserve Banks unchecked discretion over legally eligible state-chartered institutions. Wyoming Crypto Bank Petition Challenges Fed’s Master Account Authority At the heart of the Wyoming Crypto Bank petition is the Federal Reserve’s refusal to grant Custodia access to a master account—an essential gateway to core payment rails such as wire transfers and automated clearinghouse (ACH) services. Without it, Custodia says its Wyoming-issued charter is effectively rendered meaningless. Custodia contends the ruling conflicts directly with the Monetary Control Act (MCA), which states that Federal Reserve services shall be available to nonmember depository institutions. The bank argues the Fed has transformed that mandate into what it calls an unconstitutional veto over state banking decisions. When the Fed denies a master account to a state-chartered financial institution, it effectively vetoes a bank charter that State regulators have approved, Custodia wrote in its petition. State Banking Authority Under Threat The Wyoming Crypto Bank petition also raises serious federalism concerns. Wyoming chartered Custodia in 2020 as a Special Purpose Depository Institution (SPDI), a regulatory framework specifically designed to attract digital asset firms while minimizing systemic risk through 100% reserve backing and a prohibition on lending. Custodia argues the Fed’s rejection undermines Wyoming’s carefully constructed regulatory regime and erodes states’ constitutional authority to charter banks. The petition warns that allowing the Fed such power could discourage innovation-driven state banking models nationwide. Constitutional Red Flags in the Wyoming Crypto Bank Petition Beyond federalism, the Wyoming Crypto Bank petition pushes into constitutional territory. Custodia’s legal team argues that if regional Federal Reserve Bank presidents possess unreviewable discretion over master accounts, they effectively function as “Officers of the United States” without proper constitutional appointment. Federal Reserve Bank presidents are selected by private bank directors and approved by the Board of Governors. Custodia says that structure violates the Appointments Clause if those officials wield significant executive authority. Judicial Split Deepens Over Wyoming Crypto Bank Petition The petition highlights a growing divide within the Tenth Circuit itself. Judge Timothy Tymkovich’s dissent in Custodia’s case aligns with Judge Robert Bacharach’s earlier opinion in Fourth Corner Credit Union v. Federal Reserve Bank of Kansas City, creating a 2-2 split among circuit judges. Tymkovich warned that the Fed’s interpretation grants “unreviewable discretion” that contradicts the plain language of the MCA and raises “thorny questions” under Article II of the Constitution. Fed’s Own Records Undermine Denial Rationale The Wyoming Crypto Bank petition also points to contradictions within the Federal Reserve’s own process. The Kansas City Fed denied Custodia’s application in January 2023 after a 27-month review, citing risks tied to “crypto-asset activities.” Yet internal documents show Fed staff initially found Custodia’s capital levels “adequate” and praised its leadership as “impressive.” Custodia says the decision only shifted after intervention by the Board of Governors. Federal Reserve Governor Christopher Waller later acknowledged publicly that the Fed has sufficient supervisory tools to manage risk without blanket denials. In an October interview, Waller said the Fed can “tailor” master account structures to fit a bank’s specific risk profile. Wyoming Crypto Bank Petition Lands Amid Crypto Debanking Reckoning The Wyoming Crypto Bank petition arrives as regulators face mounting scrutiny over crypto debanking. In December, the Office of the Comptroller of the Currency revealed that all nine of the largest U.S. banks imposed “inappropriate” restrictions on lawful businesses, including digital asset firms, between 2020 and 2023. Institutions such as JPMorgan Chase, Bank of America, Citibank, and Wells Fargo maintained internal policies that escalated or restricted entire sectors, reinforcing claims of systemic exclusion. If the full Tenth Circuit agrees to hear the Wyoming Crypto Bank petition, the outcome could redefine the balance of power between state banking regulators and the Federal Reserve—setting a precedent that reaches far beyond Custodia and Wyoming. For the crypto industry, the case may determine whether compliance-focused digital asset banks can ever gain equal footing within the U.S. financial system.Wyoming Crypto Bank Petition Sparks High-Stakes Legal Showdown as Fed Power Faces Fierce Constitutional Test

Wyoming-chartered Custodia Bank challenges Federal Reserve’s master account veto power

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AI People joins Dubai’s innovation one — Declares war on the forgetting of humanity

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Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

2

Hello world!

1
Wyoming Crypto Bank petition headlines a rapidly intensifying legal confrontation that could reshape how crypto banks access the U.S. financial system. Wyoming-chartered Custodia Bank has formally petitioned the full Tenth Circuit Court of Appeals to review the Federal Reserve’s denial of its master account, escalating a five-year fight with sweeping implications for federal power, state banking authority, and digital asset innovation. Wyoming Crypto Bank petition filings submitted on December 15 request an en banc review, asking all active judges on the Tenth Circuit to reconsider an October panel ruling that upheld the Fed’s decision. Custodia argues the panel misread federal law and endorsed a system that grants regional Federal Reserve Banks unchecked discretion over legally eligible state-chartered institutions. Wyoming Crypto Bank Petition Challenges Fed’s Master Account Authority At the heart of the Wyoming Crypto Bank petition is the Federal Reserve’s refusal to grant Custodia access to a master account—an essential gateway to core payment rails such as wire transfers and automated clearinghouse (ACH) services. Without it, Custodia says its Wyoming-issued charter is effectively rendered meaningless. Custodia contends the ruling conflicts directly with the Monetary Control Act (MCA), which states that Federal Reserve services shall be available to nonmember depository institutions. The bank argues the Fed has transformed that mandate into what it calls an unconstitutional veto over state banking decisions. When the Fed denies a master account to a state-chartered financial institution, it effectively vetoes a bank charter that State regulators have approved, Custodia wrote in its petition. State Banking Authority Under Threat The Wyoming Crypto Bank petition also raises serious federalism concerns. Wyoming chartered Custodia in 2020 as a Special Purpose Depository Institution (SPDI), a regulatory framework specifically designed to attract digital asset firms while minimizing systemic risk through 100% reserve backing and a prohibition on lending. Custodia argues the Fed’s rejection undermines Wyoming’s carefully constructed regulatory regime and erodes states’ constitutional authority to charter banks. The petition warns that allowing the Fed such power could discourage innovation-driven state banking models nationwide. Constitutional Red Flags in the Wyoming Crypto Bank Petition Beyond federalism, the Wyoming Crypto Bank petition pushes into constitutional territory. Custodia’s legal team argues that if regional Federal Reserve Bank presidents possess unreviewable discretion over master accounts, they effectively function as “Officers of the United States” without proper constitutional appointment. Federal Reserve Bank presidents are selected by private bank directors and approved by the Board of Governors. Custodia says that structure violates the Appointments Clause if those officials wield significant executive authority. Judicial Split Deepens Over Wyoming Crypto Bank Petition The petition highlights a growing divide within the Tenth Circuit itself. Judge Timothy Tymkovich’s dissent in Custodia’s case aligns with Judge Robert Bacharach’s earlier opinion in Fourth Corner Credit Union v. Federal Reserve Bank of Kansas City, creating a 2-2 split among circuit judges. Tymkovich warned that the Fed’s interpretation grants “unreviewable discretion” that contradicts the plain language of the MCA and raises “thorny questions” under Article II of the Constitution. Fed’s Own Records Undermine Denial Rationale The Wyoming Crypto Bank petition also points to contradictions within the Federal Reserve’s own process. The Kansas City Fed denied Custodia’s application in January 2023 after a 27-month review, citing risks tied to “crypto-asset activities.” Yet internal documents show Fed staff initially found Custodia’s capital levels “adequate” and praised its leadership as “impressive.” Custodia says the decision only shifted after intervention by the Board of Governors. Federal Reserve Governor Christopher Waller later acknowledged publicly that the Fed has sufficient supervisory tools to manage risk without blanket denials. In an October interview, Waller said the Fed can “tailor” master account structures to fit a bank’s specific risk profile. Wyoming Crypto Bank Petition Lands Amid Crypto Debanking Reckoning The Wyoming Crypto Bank petition arrives as regulators face mounting scrutiny over crypto debanking. In December, the Office of the Comptroller of the Currency revealed that all nine of the largest U.S. banks imposed “inappropriate” restrictions on lawful businesses, including digital asset firms, between 2020 and 2023. Institutions such as JPMorgan Chase, Bank of America, Citibank, and Wells Fargo maintained internal policies that escalated or restricted entire sectors, reinforcing claims of systemic exclusion. If the full Tenth Circuit agrees to hear the Wyoming Crypto Bank petition, the outcome could redefine the balance of power between state banking regulators and the Federal Reserve—setting a precedent that reaches far beyond Custodia and Wyoming. For the crypto industry, the case may determine whether compliance-focused digital asset banks can ever gain equal footing within the U.S. financial system.Wyoming Crypto Bank Petition Sparks High-Stakes Legal Showdown as Fed Power Faces Fierce Constitutional Test

Wyoming-chartered Custodia Bank challenges Federal Reserve’s master account veto power

12/16/2025
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MetaMask launches native Bitcoin support after 10-month delay

The long-awaited Metamask Bitcoin support rollout broadens the wallet’s multichain strategy and reshapes how users access BTC.

by Moses Edozie
3 hours ago
in Crypto News
Reading Time: 3 mins read
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Bitget Becomes Most Downloaded Wallet in July, Surpassing MetaMask

Bitget Becomes Most Downloaded Wallet in July, Surpassing MetaMask

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MetaMask has officially launched Metamask Bitcoin support, allowing users to buy, swap, send, and receive Bitcoin directly within the wallet, nearly ten months after first teasing the feature.

The update, announced Monday on social media, marks a significant shift for the Ethereum-focused wallet provider, expanding access to Bitcoin for millions of users at a time when policymakers and investors are closely watching how multichain wallets influence crypto adoption, custody risks, and market structure.

Metamask Bitcoin support finally goes live
Source: MetaMask

Metamask Bitcoin support reaches users after long wait

The addition of Bitcoin means MetaMask users no longer need wrapped versions of BTC to gain exposure inside the wallet. Instead, native Bitcoin transactions can now be executed directly, with confirmed transactions appearing automatically in users’ asset lists.

In its announcement, MetaMask cautioned users about network differences, stating:

“Any Bitcoin transactions you make will appear in your asset list once confirmed. Remember: Bitcoin transactions are typically slower than those on EVM or Solana networks,” — MetaMask, product update statement.

For crypto investors, Metamask Bitcoin support simplifies portfolio management by reducing reliance on third-party bridges or synthetic assets, which have historically introduced additional risk. The update also includes incentives, with MetaMask offering reward points to users who swap into BTC, a move aimed at accelerating early adoption of the new functionality.

Bitcoin now joins Ethereum, Solana, Monad, and Sei as supported blockchains, reinforcing MetaMask’s ambition to position itself as a hub for multichain activity rather than a single-ecosystem wallet.

From Ethereum roots to multichain expansion

MetaMask was originally built to serve the Ethereum ecosystem and EVM-compatible networks. Over time, however, shifting user behavior and competitive pressure have pushed the company toward a broader vision. The rollout of Metamask Bitcoin support follows a series of integrations throughout 2025, beginning with Solana in May, Sei in August, and Monad in November.

The company has framed Bitcoin integration as part of a longer-term roadmap rather than a one-off feature. “Bitcoin support marks the latest step in our multichain expansion, following the launch of Monad and Sei earlier this year, with more networks to come in 2026,” — MetaMask, official statement.

This expansion reflects a wider industry trend in which wallets seek to become neutral gateways across blockchains, rather than champions of a single network. For policymakers, such developments raise questions around oversight, as multichain wallets increasingly blur jurisdictional and regulatory boundaries.

Why Metamask Bitcoin support matters for markets

For the broader market, Metamask Bitcoin support carries implications beyond convenience. Bitcoin remains the most widely held and recognized cryptocurrency, and direct wallet-level access lowers barriers for retail participation. By enabling users to move BTC without leaving MetaMask, the wallet potentially captures a larger share of transaction flow and user engagement.

Previously, MetaMask users accessed Bitcoin exposure primarily through wrapped tokens on Ethereum, which depend on custodians and smart contracts. Removing that dependency reduces counterparty risk, an issue that has become more prominent in policy discussions following past bridge failures and exploits.

The timing is also notable. The integration was first discussed publicly in February, when MetaMask co-founder Dan Finlay suggested the feature could go live in the third quarter of 2025.

Its arrival toward the end of the year signals that technical and security considerations took precedence, an approach likely to resonate with regulators focused on consumer protection.

What comes next after Metamask Bitcoin support

Looking ahead, MetaMask has indicated that additional networks are planned for 2026, though details remain limited. The success of Metamask Bitcoin support will likely influence the pace and scope of those future integrations.

Strong user uptake could accelerate MetaMask’s transition into a fully chain-agnostic wallet, while technical or usability challenges may prompt refinements.

Ultimately, Metamask Bitcoin support represents more than a feature update. It signals a strategic bet that the future of crypto wallets lies in seamless cross-chain access, where Bitcoin, Ethereum, and emerging networks coexist within a single interface.

Tags: BitcoinblockchainbtccryptoethereumintegrationMetamaskmultichainRegulationWallet
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Moses Edozie

Moses Edozie

Moses Edozie is a writer and storyteller with a deep interest in cryptocurrency, blockchain innovation, and Web3 culture. Passionate about DeFi, NFTs, and the societal impact of decentralized systems, he creates clear, engaging narratives that connect complex technologies to everyday life.

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AI People joins Dubai’s innovation one — Declares war on the forgetting of humanity

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2

Hello world!

1
Wyoming Crypto Bank petition headlines a rapidly intensifying legal confrontation that could reshape how crypto banks access the U.S. financial system. Wyoming-chartered Custodia Bank has formally petitioned the full Tenth Circuit Court of Appeals to review the Federal Reserve’s denial of its master account, escalating a five-year fight with sweeping implications for federal power, state banking authority, and digital asset innovation. Wyoming Crypto Bank petition filings submitted on December 15 request an en banc review, asking all active judges on the Tenth Circuit to reconsider an October panel ruling that upheld the Fed’s decision. Custodia argues the panel misread federal law and endorsed a system that grants regional Federal Reserve Banks unchecked discretion over legally eligible state-chartered institutions. Wyoming Crypto Bank Petition Challenges Fed’s Master Account Authority At the heart of the Wyoming Crypto Bank petition is the Federal Reserve’s refusal to grant Custodia access to a master account—an essential gateway to core payment rails such as wire transfers and automated clearinghouse (ACH) services. Without it, Custodia says its Wyoming-issued charter is effectively rendered meaningless. Custodia contends the ruling conflicts directly with the Monetary Control Act (MCA), which states that Federal Reserve services shall be available to nonmember depository institutions. The bank argues the Fed has transformed that mandate into what it calls an unconstitutional veto over state banking decisions. When the Fed denies a master account to a state-chartered financial institution, it effectively vetoes a bank charter that State regulators have approved, Custodia wrote in its petition. State Banking Authority Under Threat The Wyoming Crypto Bank petition also raises serious federalism concerns. Wyoming chartered Custodia in 2020 as a Special Purpose Depository Institution (SPDI), a regulatory framework specifically designed to attract digital asset firms while minimizing systemic risk through 100% reserve backing and a prohibition on lending. Custodia argues the Fed’s rejection undermines Wyoming’s carefully constructed regulatory regime and erodes states’ constitutional authority to charter banks. The petition warns that allowing the Fed such power could discourage innovation-driven state banking models nationwide. Constitutional Red Flags in the Wyoming Crypto Bank Petition Beyond federalism, the Wyoming Crypto Bank petition pushes into constitutional territory. Custodia’s legal team argues that if regional Federal Reserve Bank presidents possess unreviewable discretion over master accounts, they effectively function as “Officers of the United States” without proper constitutional appointment. Federal Reserve Bank presidents are selected by private bank directors and approved by the Board of Governors. Custodia says that structure violates the Appointments Clause if those officials wield significant executive authority. Judicial Split Deepens Over Wyoming Crypto Bank Petition The petition highlights a growing divide within the Tenth Circuit itself. Judge Timothy Tymkovich’s dissent in Custodia’s case aligns with Judge Robert Bacharach’s earlier opinion in Fourth Corner Credit Union v. Federal Reserve Bank of Kansas City, creating a 2-2 split among circuit judges. Tymkovich warned that the Fed’s interpretation grants “unreviewable discretion” that contradicts the plain language of the MCA and raises “thorny questions” under Article II of the Constitution. Fed’s Own Records Undermine Denial Rationale The Wyoming Crypto Bank petition also points to contradictions within the Federal Reserve’s own process. The Kansas City Fed denied Custodia’s application in January 2023 after a 27-month review, citing risks tied to “crypto-asset activities.” Yet internal documents show Fed staff initially found Custodia’s capital levels “adequate” and praised its leadership as “impressive.” Custodia says the decision only shifted after intervention by the Board of Governors. Federal Reserve Governor Christopher Waller later acknowledged publicly that the Fed has sufficient supervisory tools to manage risk without blanket denials. In an October interview, Waller said the Fed can “tailor” master account structures to fit a bank’s specific risk profile. Wyoming Crypto Bank Petition Lands Amid Crypto Debanking Reckoning The Wyoming Crypto Bank petition arrives as regulators face mounting scrutiny over crypto debanking. In December, the Office of the Comptroller of the Currency revealed that all nine of the largest U.S. banks imposed “inappropriate” restrictions on lawful businesses, including digital asset firms, between 2020 and 2023. Institutions such as JPMorgan Chase, Bank of America, Citibank, and Wells Fargo maintained internal policies that escalated or restricted entire sectors, reinforcing claims of systemic exclusion. If the full Tenth Circuit agrees to hear the Wyoming Crypto Bank petition, the outcome could redefine the balance of power between state banking regulators and the Federal Reserve—setting a precedent that reaches far beyond Custodia and Wyoming. For the crypto industry, the case may determine whether compliance-focused digital asset banks can ever gain equal footing within the U.S. financial system.Wyoming Crypto Bank Petition Sparks High-Stakes Legal Showdown as Fed Power Faces Fierce Constitutional Test

Wyoming-chartered Custodia Bank challenges Federal Reserve’s master account veto power

12/16/2025
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