Odaily News The board of directors of crypto-friendly bank Custodia Bank voted last week to further reduce operations and “preserve” capital in anticipation of “significant” changes to crypto policy from the incoming Washington, D.C. administration. Custodia Bank noted that by taking this move ahead of the expected shift in U.S. crypto policy, Custodia still “retains” its banking license, API-based real-time payments and Bitcoin custody platform, bank-issued stablecoin patents, and a “clean compliance” and operational record. Additionally, oral arguments in Custodia’s lawsuit against the Federal Reserve are “scheduled for January 21, 2025.” (Crowdfund Insider)