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Custodia Bank Launches Bitcoin Custody Service for Businesses
7.11.2023
Source: Pexels Custodia Bank, a crypto-friendly bank, announced that it has officially launched its Bitcoin custody platform to customers in select U.S. states. On November 7, Custodia Bank, formerly known as Avanti Financial Group, announced on X (formerly Twitter) that they have now launched...
Wyoming: Regulatory Clarity and Crypto-Friendly Banks Fuel Blockchain Revolution
27.6.2023
America’s least populous state has passed three dozen laws regulating crypto. That has helped attract crypto, blockchain and Web3 employers and made the No. 7 spot in CoinDesk’s Crypto Hubs 2023 the most crypto-friendly state in an otherwise uncertain U.S. regulatory environment
Custodia Bank Founder Caitlin Long: ‘The Fed Thinks Only Large Incumbents Should Service Crypto’
22.6.2023
Caitlin Long, the founder of Custodia Bank, has railed against the favoritism that the Federal Reserve and the institutions of the U.S. financial system are supposedly showing to incumbents. According to Long, regulators have applied double standards when permitting established financial...
Custodia's Suit Against Fed Over Denial of Master Account Can Proceed, Court Rules
10.6.2023
Custodia's challenge of the Federal Reserve Bank of Kansas City's decision to deny the crypto-friendly bank access to the Fed banking services can continue, a U.S. district court ruled Thursday, rejecting a Fed motion to dismiss the case. The U.S. District Court of Wyoming, however, did reject...
Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit
11.4.2023
The state of Wyoming is taking umbrage at the Federal Reserve Board’s insinuations that its regulatory framework for special purpose depository institutions (SPDIs) – state-chartered banks that can handle digital assets – are not up to snuff
South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
6.4.2023
The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have...
Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations
20.3.2023
On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly owned subsidiary of New York Community Bancorp, acquired 40 former branches of Signature and its assets. Flagstar assumed nearly all...
US Fed to create new crypto team amid concerns about unregulated stablecoins
10.3.2023
The Fed’s Vice Chair for Supervision emphasized that they do not want to curb innovation, but ensure that regulations protect households and the financial system
Caitlin Long Sees 'Coordinated Effort' Among Regulators for Custodia Rejection
21.2.2023
Custodia Bank’s CEO says crypto will find its way into the traditional banking system and regulators could be playing ‘whack-a-mole’ years down the road
Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry
18.2.2023
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed...
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
18.2.2023
Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt
Wyoming lawmakers pass bill to prevent forced disclosure of private keys
16.2.2023
The only exception to the law will be where the public key is unavailable to disclose details of the digital asset, digital identities, interest or right
Caitlin Long takes aim at The New York Times over crypto 'alarm' article
7.9.2021
Regulated crypto bank Avanti CEO Caitlin Long says tarring the entire crypto industry with the same brush is unfair
Crypto crackdown targeting USD access points has begun: Caitlin Long
13.7.2021
Avanti’s Caitlin Long expects the U.S. Federal Reserve to make it harder for crypto companies to access USD payment channels
Caitlin Long reveals the 'real reason' people are selling crypto
16.5.2021
"Markets now can safely predict Bitcoin and crypto prices will likely exhibit high correlation with credit markets," said Long
Your future at stake: Uni of Wyoming allocates $4M to staking three cryptocurrencies
29.4.2021
The University of Wyoming is embracing cryptocurrency staking as an innovative way to raise revenue
Ripple now registered as a Wyoming business
21.2.2021
"More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws," said Caitlin Long
Coinbase IPO a ‘watershed moment’ for crypto regulation: Caitlin Long
5.2.2021
The CEO of pioneering digital bank Avanti Bank & Trust, Caitlin Long, has predicted the upcoming Coinbase IPO will force regulators to provide clarity to the crypto sector
Avanti CEO calls on SIM swap victims to resurrect Wyoming bill
3.12.2020
“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry," said Caitlin Long
Crypto Startup Avanti Receives License To Operate as National Bank in Wyoming
30.10.2020
Crypto startup Avanti Financial Group has been granted a license to offer banking services by the Wyoming State Banking Board. The license, or bank charter, means Avanti can now operate as a conventional bank – but one with a twist, capable of holding both crypto and dollars. It plans...