This is a news story, published by CoinGape, that relates primarily to Custodia Bank news.
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Custodia BankCoinGape
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72% Informative
Custodia Bank , a crypto-friendly bank, has announced the layoff of nine employees, representing 25% of its workforce.
The bank’s decision comes as it struggles to secure a master account from the Federal Reserve , which is crucial for its operations.
Traditional banks have been cautioned against doing business with crypto firms, citing the volatility and regulatory uncertainties associated with digital assets.
VR Score
59
Informative language
49
Neutral language
70
Article tone
formal
Language
English
Language complexity
69
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
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