Custodia

Is Crypto Banaished From the Banking System, Austin Convention Center: Mainstage, Austin, Texas, USA - 28 Apr 2023
'Operation Choke Point 2.0' Is SEC's 'Chemotherapy' for $14B Ponzi Problem, BCB's CEO Says
What happened to Custodia Bank is "tragic" under the current administration's efforts to de-bank the crypto industry, BCB's Oliver von Landsberg-Sadie said.
Is Crypto Banaished From the Banking System, Austin Convention Center: Mainstage, Austin, Texas, USA - 28 Apr 2023

Consensus 2019 NEW YORK, NY - MAY 13:  Caitlin Long attends Consensus 2019 at the Hilton Midtown on May 13, 2019 in New York City.  (Steven Ferdman/Getty Images)
Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry
Though the Fed admitted Custodia has sufficient capital and resources to launch, it has “fundamental concerns” about the sustainability of a crypto-focused bank.
Consensus 2019 NEW YORK, NY - MAY 13:  Caitlin Long attends Consensus 2019 at the Hilton Midtown on May 13, 2019 in New York City.  (Steven Ferdman/Getty Images)

CDCROP: Custodia Bank CEO Caitlin Long on CoinDesk TV's "All About Bitcoin." (CoinDesk TV)
What Now for Crypto Banking?
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?
CDCROP: Custodia Bank CEO Caitlin Long on CoinDesk TV's "All About Bitcoin." (CoinDesk TV)

CoinDesk - Unknown
Custodia Bank’s Bid for Fed Supervision Rejected Again
The Federal Reserve Board announced it had again rejected crypto bank Custodia's bid for Fed supervision, after previously denying the application last month. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De explains the latest developments.
CoinDesk - Unknown

Custodia Bank founder Caitlin Long (Suzanne Cordeiro/Shutterstock/CoinDesk)
Crypto Bank Custodia's Bid for Fed Supervision Rejected Again
The Fed rejected Custodia's first bid last month.
Custodia Bank founder Caitlin Long (Suzanne Cordeiro/Shutterstock/CoinDesk)

Caitlin Long at BTC 22 (Danny Nelson/CoinDesk)
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.
Caitlin Long at BTC 22 (Danny Nelson/CoinDesk)

CDCROP: The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)
Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay
Federal banking regulators seem to have free rein over crypto's U.S. destiny – and they're using their power to push it out of banking.
CDCROP: The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)

Caitlin Long attends Consensus 2019 at the Hilton Midtown on May 13, 2019 in New York City.  (Steven Ferdman/Getty Images)
Aspiring Crypto Bank’s Plight Shows Binance’s Issues Are Just Part of the Story
Custodia Bank’s membership rejection by the Federal Reserve Board is more alarming for crypto banking than the recent troubles of Binance, Juno and Signature Bank combined.
Caitlin Long attends Consensus 2019 at the Hilton Midtown on May 13, 2019 in New York City.  (Steven Ferdman/Getty Images)

Avanti CEO Caitlin Long (CoinDesk archives)
Custodia Bank Denied Federal Reserve System Membership
The Wyoming-based bank’s application for a master account is still pending.
Avanti CEO Caitlin Long (CoinDesk archives)

CDCROP: Custodia Bank CEO Caitlin Long on CoinDesk TV's "All About Bitcoin." (CoinDesk TV)
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.
CDCROP: Custodia Bank CEO Caitlin Long on CoinDesk TV's "All About Bitcoin." (CoinDesk TV)