Crypto-friendly Custodia Bank achieves SOC 2 Type II compliance certification

Custodia Bank, a crypto-friendly Wyoming-based bank, has achieved a major milestone in its security controls by obtaining certification as a System and Organization Controls 2 compliant bank. On Jan. 8, Custodia Bank announced it had achieved the SOC 2 Type II, adding to its earlier milestone of completing the Type I audit. SOC 2 is […]
US court favors Fed in Custodia Bank case, rejects appeal for review
In a recent court filing, the US district court has ruled in favor of the Federal Reserve in its legal dispute with Custodia Bank regarding the bank’s request for a master account. Source link