Custodia Bank Denied Federal Reserve System Membership
The Wyoming-based bank’s application for a master account is still pending.
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Jan 27, 2023 at 5:43 p.m. UTC
Jan 27, 2023
caitlin long
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Digital Asset Bank Custodia Files Petition in US Court Over BNY Mellon's Crypto Approval
Custodia alleges the Kansas City Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.
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Oct 13, 2022 at 9:36 a.m. UTC
Oct 13, 2022
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Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
The Wyoming-based bank filed suit against the Federal Reserve in June, arguing that the Fed’s refusal to make a decision is unlawful and discriminatory against crypto institutions.
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Sep 22, 2022 at 10:00 a.m. UTC
Sep 22, 2022
Crypto Bank Custodia Sues Federal Reserve
The bank founded by Morgan Stanley veteran Caitlin Long filed suit against the U.S. central bank for delaying a decision on its application for a master account.
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Jun 7, 2022 at 11:09 p.m. UTC
Jun 7, 2022
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Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Language Is SEC Requirement, CEO Armstrong Says
The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.
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May 11, 2022 at 4:45 a.m. UTC
May 11, 2022
Caitlin Long's Wyoming Crypto Bank Takes a Step Toward Fed Membership
It's no guarantee of Fed approval, but Avanti Bank now has a routing number through the American Bankers Association.
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Feb 10, 2022 at 12:28 a.m. UTC
Feb 10, 2022
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Why Bitcoin and Rehypothecation Don’t Mix
A reading of Jeffrey Snider’s latest essay and Caitlin Long’s companion tweet thread.
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Dec 20, 2020 at 2:00 p.m. UTC
Dec 20, 2020
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Avanti Financial Joins Kraken as a Wyoming-Approved Crypto Bank
Blockchain pioneer Caitlin Long is now the CEO of her own special purpose depository institution (SPDI) in Wyoming.
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Oct 28, 2020 at 7:33 p.m. UTC
Oct 28, 2020
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Wyoming-Based Avanti to Open in October With a New Bank-Issued Digital Asset
Wyoming's crypto-friendly Avanti Financial expects to open its doors this October with a new bank-issued digital asset, the Avit.
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Jul 23, 2020 at 6:59 p.m. UTC
Jul 23, 2020
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Caitlin Long's Avanti Raises $5M, Submits Wyoming Bank Charter Application Draft
Crypto bank Avanti has raised an angel round from the University of Wyoming Foundation, Anthony Pompliano’s Morgan Creek Digital and other investors.
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Jun 2, 2020 at 8:35 p.m. UTC
Jun 2, 2020