Julie A. Hill
@ProfJulieHill
Dean and Wyoming Excellence Chair, University of Wyoming College of Law. Banking law and payments expert. Posts do not necessarily represent the views of UW.
Totally normal. Nothing to see here.
CRAZY DAY — F-16s are practicing for the upcoming Frontier Days air show, and at the same time I saw a moose on the loose rampaging through a residential neighborhood (being chased by sheriffs with a tranquilizer rifle at the ready). Be careful out there, folks! #wyomingthings
BNY Mellon will have custody of Ripple's new stablecoin as institutional interest in crypto swells cnb.cx/4eF4hni
I’m never quite sure who will visit me at work. #Laradise #GoPokes🤠
Peter Thiel joins tech billionaires backing new national bank application from Erebor. The bank plans to serve the tech industry and facilitate stablecoin transactions. ft.com/content/8c903f… via @ft
More on Federal Reserve master accounts.
In addition to applying for an OCC trust charter, @Ripple has also applied for a Fed master account through the trust company it acquired last year — @StandardCustody — which I reported Monday (see below — although I admittedly missed the Ripple connection 😬). Being granted a…
Meet The Justices Guiding Wyoming’s Highest Court Decisions — All Univeristy of Wyoming College of Law graduates. #GoPokes🤠 k2radio.com/wyoming-suprem… @k2radiowyo
The OCC has made available the public version of Wise's application for a national trust bank. Notably, the application includes several mentions of Wise's desire for a Fed master account.
Three crypto firms, WisdomTree Digital Trust, Standard Custody & Trust Company, and Commercium Financial, have submitted applications for Federal Reserve master accounts. ainvest.com/news/crypto-fi…
Fed Drops ‘Reputational Risk’ Rule, Paving Way for Banks to Enter Crypto - pymnts.com/cryptocurrency…
Sunday scoop with @Justinbaer: Bank of New York Mellon approached Northern Trust last week to express interest in taking over its smaller rival, in what would be a monster deal for the financial-services industry. $bny $ntrs wsj.com/finance/bankin…
Hidden Falls in Curt Gowdy State Park. Only 25 miles from the University of Wyoming College of Law.
ING Looks at Options to Get a U.S. Banking License, Bloomberg Says “ING is the only global systemically-important bank without a master account at the Federal Reserve and relies on correspondent banks with access to the Fed for transactions in dollars.” morningstar.com/news/dow-jones…
WYDOT says that the Snowy Range Road (highway 130) is now open for the season. (Video of snow clearing from WYDOT District 1 a few days ago.) @WYDOTNews
NYT article on debanking. I’ve got a scholarly paper on governmental debanking forthcoming in the @TAMU_Law_Review. Watch for a draft on @SSRN later this summer. nytimes.com/2025/05/15/bus…
Short piece by Finn Kiely on the “district court's curious reading of the Master Account statute: the case of Custodia vs. the Fed” @custodiabank @CaitlinLong_ substack.com/@finnkiely/not…
A reminder that everything can change in an instant and yet time still moves forward. My thoughts are with those who will always carry this burden of grief.
Today, we pause to remember April 27, 2011 — a day that forever changed Tuscaloosa. We honor the lives lost, the families forever impacted, and the incredible strength that emerged from unimaginable loss. In our darkest hour, the courage of our first responders, the tireless…
In January, Acting Comptroller Hsu issued final decisions against these two executives imposing civil money penalties of $7 million and $1.5 million. The executives appealed to the DC Circuit, and now rather than litigate there the OCC is settling for CMPs of $100k and $50k.
The OCC announced fines and cease and desist orders against two former Wells Fargo executives in connection with the bank’s previous systemic sales practices misconduct. occ.gov/news-issuances…
As a long-time and enthusiastic reader of @cjboxauthor, I am excited that the Wyoming Law Review is hosting a symposium on legal issues in his books. Here’s the call for papers: linkedin.com/posts/julie-hi…