banking

Custodia Bank CEO Caitlin Long (CoinDesk TV)

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...

By Frances Coppola

Mar 2, 2023 at 11:07 p.m. UTC

Mar 2, 2023

OpinionCustodiaRegulationbankingcrypto banking

Finance

Silvergate

Silvergate Stock Drops Over 50% as Crypto Clients Flee Beleaguered Bank

Silvergate's clients Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets, Galaxy and Gemini said they will suspend business with the bank.

By Nikhilesh De

Mar 2, 2023 at 6:22 p.m. UTC

Mar 2, 2023

SilvergateStockCoinbasebanking

Finance

Xapo

Xapo Bank Integrates Bitcoin’s Lightning Network, Partners with Lightspark

Crypto pioneer Xapo has quietly assembled interest-bearing, deposit-guaranteed USD bank accounts with a view to providing alternative financial services in emerging market cou...

By Ian Allison

Mar 2, 2023 at 2:00 p.m. UTC

Mar 2, 2023

XapoLightning Networkemerging marketsbanking

Finance

Kraken

Kraken Pulling Back From Using Signature Bank: Bloomberg

Non-corporate clients will no longer be able to make dollar deposits or withdrawals using the crypto-focused bank, according to a report.

By Nelson Wang

Mar 1, 2023 at 7:40 p.m. UTC

Mar 1, 2023

KrakenSignature Bankbanking

Custodia Bank founder Caitlin Long (Suzanne Cordeiro/Shutterstock/CoinDesk)

Policy

Regulations

Crypto Bank Custodia's Bid for Fed Supervision Rejected Again

The Fed rejected Custodia's first bid last month.

By Nikhilesh De

Feb 23, 2023 at 10:59 p.m. UTC

Feb 23, 2023

RegulationsCustodiaFederal Reservebanking

Finance

Metaco

DZ, Germany's Second-Largest Bank, Taps Metaco for Digital Asset Custody

This is the fourth such partnership Metaco has made with major financial institutions in eight months.

By Jamie Crawley

Feb 23, 2023 at 8:00 a.m. UTC

Feb 23, 2023

MetacoCustodyGermanybanking

Caitlin Long at BTC 22 (Danny Nelson/CoinDesk)

Policy

Custodia bank

Caitlin Long Sees 'Coordinated Effort' Among Regulators for Custodia Rejection

The CEO says crypto is here, get used to it. Custodia Bank has filed another master account application with the Federal Reserve.

By Fran Velasquez

Feb 21, 2023 at 10:52 p.m. UTC

Feb 21, 2023

Custodia bankCaitlin LongFederal ReserveCoinDesk TVRegulationbankingUS

Policy

Regulations

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

The Federal Reserve and Kansas City Fed rejected Custodia's applications for membership and a master account last month.

By Nikhilesh De

Feb 17, 2023 at 10:12 p.m. UTC

Feb 17, 2023

RegulationsCustodiaAvantiFedbankingFederal ReserveUS

Podcasts

Money reimagined

Building the Boring Stuff: Making Payments Sexy

Constructing the fabric connecting multiple banking structures, blockchains, regulatory regimes and foreign exchange services, and digitizing it for cross-border payments.

By Michael J. Casey

Feb 17, 2023 at 6:05 p.m. UTC

Feb 17, 2023

Money ReimaginedBlockchainbankingUSDCircle