Search

Nalezeno "custodia": 49

Custodia Bank's membership denied for ties with crypto markets, says US Fed

25.3.2023
The United States Federal Reserve released an 86-page report on March 24 detailing the reasons for denying Custodia Bank's application for membership

Federal Reserve Says Custodia’s Crypto-Focused Business Model Is ‘Inconsistent’ With Approval

24.3.2023
The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership

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

What Now for Crypto Banking?

3.3.2023
Regulators are leery of traditional banks offering services to crypto companies, and wary of specialist crypto banks, like Custodia, with new business models. Frances Coppola asks: Where do we go from here?

Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users

24.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________... Read More: Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN...

US Federal Reserve denies Custodia Bank's request for Fed supervision

24.2.2023
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System

Crypto Bank Custodia's Bid for Fed Supervision Rejected Again

23.2.2023
The Federal Reserve Board announced Thursday it had again rejected crypto bank Custodia's bid for Fed supervision

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

Custodia Bank Renews Push for Fed 'Master Account' After Rejection

17.2.2023
Custodia Bank filed an amended complaint against the Federal Reserve Friday, weeks after the Fed rejected its effort to secure a "master account" and become a member of the Federal Reserve System

Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay

13.2.2023
Crypto can’t become what many of its proponents want it to be without banks, but U.S. regulators are circling the wagons around the banking system they oversee. That barrier is only getting wider as the Federal Reserve and other agencies turn away crypto firms trying to link with the traditional...

Crypto Bank Custodia Denied Membership in US Federal Reserve System

29.1.2023
The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the digital asset bank is inconsistent with legal requirements. Federal Reserve Board Says Business Model...