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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)

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: U.S. Senator Cynthia Lummis at Consensus 2022 (Shutterstock/CoinDesk)
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.
CDCROP: U.S. Senator Cynthia Lummis at Consensus 2022 (Shutterstock/CoinDesk)

Fed Vice Chair Lael Brainard (Drew Angerer/Getty Images)
US Fed Opens Pathway for Crypto Banks to Tap Central Banking System
The central bank will create a three-tiered system for evaluating whether a financial institution should have access.
Fed Vice Chair Lael Brainard (Drew Angerer/Getty Images)

Custodia founder and CEO Caitlin Long (CoinDesk archives)
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.
Custodia founder and CEO Caitlin Long (CoinDesk archives)

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Kraken Hits Key Milestone in Quest to Gain Fed Account, Equal Treatment With Traditional Banks
Kraken Bank, the Wyoming subsidiary of the Kraken crypto exchange, received a routing number from the American Bankers Association.
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Avanti CEO Caitlin Long (CoinDesk archives)
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.
Avanti CEO Caitlin Long (CoinDesk archives)

Caitlin Long
Caitlin Long’s Avanti Raises $37M Ahead of Crypto Bank Launch
The digital bank will put the extra cash toward meeting Wyoming regulators’ pre-launch capital requirements.
Caitlin Long

Caitlin Long
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.
Caitlin Long

Caitlin Long
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.
Caitlin Long