Custodia Bank has submitted a re-evaluation application, continuing to seek the Federal Reserve to establish a master account for it.

BlockBeats News, December 16th, according to CoinDesk's report, in its legal battle with the Federal Reserve, Custodia Bank has filed a petition for en banc rehearing with the U.S. Court of Appeals for the Tenth Circuit, continuing its quest for the Fed to establish a master account for it.

In November of this year, the U.S. Court of Appeals for the Tenth Circuit ruled on Custodia's case against the Federal Reserve, with a 2-1 decision in favor of the Fed, rejecting Custodia's request for the central bank to open a master account for it.