Custodia


Policy

Custodia Bank Appeals Court Loss in Fed Master Account Lawsuit

Custodia filed a notice of appeal on Friday after a judge last month ruled it did not have the right to a Fed master account.

Caitlin Long, Founder and CEO, Custodia Bank and Michael Casey, Chief Content Officer, CoinDesk (Shutterstock/CoinDesk)

Policy

Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application

The Federal Reserve has discretion in deciding whether to grant a master account, a judge ruled.

Catlin Long, Founder and CEO, Custodia Bank (Shutterstock/CoinDesk)

Finance

'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.

Left to right: Catlin Long, Custodia Bank; Oliver von Landsberg-Sadie, BCB Group; Richard Booth, Fortress Trust Company; and Michael Casey, CoinDesk (Shutterstock/CoinDesk)

Policy

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.

Custodia Bank CEO Caitlin Long (Steven Ferdman/Getty Images)

Opinion

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?

Custodia Bank CEO Caitlin Long (CoinDesk TV)

Videos

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.

Recent Videos

Policy

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)

Policy

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)

Policy

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.

The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)

Opinion

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 in New York City.  (Steven Ferdman/Getty Images)

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