Odaily Planet Daily News - Crypto-friendly bank Custodia Bank's board voted last week to further reduce operations and 'retain' capital in response to the forthcoming 'significant' reforms in crypto policy by the incoming Washington D.C. government. Custodia Bank noted that by taking this step before the anticipated shift in U.S. crypto policy, Custodia has still 'retained' its banking license, API-based real-time payments, Bitcoin custody platform, bank-issued stablecoin patents, and 'clean compliance' and operational record. Additionally, the oral arguments for Custodia's lawsuit against the Federal Reserve are 'scheduled for January 21, 2025.' (Crowdfund Insider)