🚨 BREAKING: Custodia Bank is taking its fight with the Federal Reserve all the way to the U.S. Supreme Court.
The crypto-friendly bank is challenging the Fed's refusal to grant it a master account, the key that provides direct access to the U.S. payment system.
A lower court ruled 7-3 that the Federal Reserve has broad discretion to deny master accounts, even to institutions that are legally eligible.
Custodia says the Fed has overstepped its authority and is asking the Supreme Court to decide whether regulators can block access despite legal eligibility.
This case could become a landmark battle over banking access, regulatory power, and the future relationship between traditional finance and the crypto industry.
SK Hynix's massive dollar inflows could give the Korean won a major boost.
The chip giant is expected to convert a significant share of its dollar-denominated revenue into Korean won to finance domestic investments, according to Yonhap.
That means more dollars entering Korea's FX market and greater demand for the won, helping ease pressure on the currency.
As one of the world's largest AI memory chip producers, SK Hynix's currency moves aren't just a corporate decision. They can influence FX markets, capital flows, and investor sentiment across Asia.
Markets will be watching closely to see how much support this provides for the Korean won in the weeks ahead.
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🚨 SpaceX just dropped the date: Starship’s next flight is July 16 Targeting a 90-minute launch window opening at 6:45 PM ET from Starbase. Highway 4 and Boca Chica Beach will close for safety as the world’s most powerful rocket prepares to fly again. Every test brings us closer to reusable interplanetary travel, cheaper access to orbit, and the long road to Mars. The pace is relentless. History in real time. Don’t miss it. #SpaceX #Starship #Space #Mars #RocketScience