Blockchain Group Asks SCOTUS to Review Fed’s Denial of Crypto Bank’s Bid for Master Account

# Blockchain Group Asks SCOTUS to Review Fed’s Denial of Crypto Bank’s Bid for Master Account

> Evidence tier: B1
> Evidence type: Independent report on an amicus brief and pending Supreme Court petition
> Source: [PYMNTS](https://www.pymnts.com/cryptocurrency/2026/blockchain-group-asks-supreme-court-review-federal-reserve-denial-crypto-bank-bid-master-account)
> Published: 2026-08-18
> Captured: 2026-08-18T18:50:54.104Z

## Source summary

PYMNTS reports that the Blockchain Association filed an amicus brief urging the U.S. Supreme Court to review Custodia Bank's challenge to the Federal Reserve's denial of a master account. The Tenth Circuit upheld the denial in a 2-1 decision in October 2025; the current development is a request for review, not a Supreme Court ruling or an approved master account.

## Why it matters

A Supreme Court review could clarify how access to Federal Reserve payment rails applies to crypto-focused institutions, but review has not been granted and the underlying denial remains in place. The item does not show a live payment service, customer adoption, settlement volume or a change in current access.

## Key numbers

- **Tenth Circuit decision:** 2-1
- **Appeals decision timing:** October 2025

## Topics and entities

- Industry lane: Web3 & stablecoin payments
- Entities: Custodia Bank / Blockchain Association
- Web3 payments
- Payment infrastructure

## Evidence and credibility note

PYMNTS report on a public legal filing. The Supreme Court petition remains pending; no review, merits ruling or master-account access has been granted.

Date evidence: Automatically verified from article:published_time: 2026-08-18T17:12:59+00:00

## First-party corroboration

No directly corresponding A1 company announcement is currently linked.

## Original-source traceback

[Open the original PYMNTS report](https://www.pymnts.com/cryptocurrency/2026/blockchain-group-asks-supreme-court-review-federal-reserve-denial-crypto-bank-bid-master-account)

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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.