Coinbase IPO a ‘watershed moment’ for crypto regulation: Caitlin Long
The CEO of pioneering digital bank Avanti Bank & Trust, Caitlin Long, has predicted the upcoming Coinbase IPO will force regulators to provide clarity to the crypto sector. Caitlin Long, founder of Wyoming-based digital asset bank, Avanti Bank & Trust, has predicted Coinbase’s upcoming IPO will be a “watershed moment” for cryptocurrency regulation.Speaking alongside SEC commissioner Hester Peirce during BlockFi and Real Vision’s “Bitcoin in the Real World” event on Feb. 5, Long speculated the IPO of the United States’ leading crypto exchange is likely to “force” the SEC’s hand to establish....
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Caitlin Long, the CEO of Wyoming-chartered Custodia Bank, delivered a stark assessment of crypto’s path to the Federal Reserve’s rails, arguing that firms operating under trust charters—including Ripple—will not be granted direct access to the Fed’s payment system unless they become true depository institutions. “Stablecoin issuers are not legally depository institutions,” she said. “To be […]
Custodia is a digital asset bank located in Wyoming and founded by former Morgan Stanley managing director Caitlin Long. The crypto bank filed a lawsuit against the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, alleging a “patently unlawful delay” in processing an application for its master account. Caitlin Long […]
Coinbase CEO Brian Armstrong says “the more regulation there is for crypto, the better it is for Coinbase.” He revealed an inquiry from the U.S. Securities and Exchange Commission (SEC), noting: “We do not yet know if this inquiry will become a formal investigation.” Coinbase’s CEO on Crypto Regulation The CEO of Coinbase Global (Nasdaq: COIN), Brian Armstrong, discussed his company’s performance and cryptocurrency regulation during Coinbase’s Q2 earnings call Tuesday. Coinbase’s revenue declined almost 64% in the second quarter. The....
Yeah, yeah, the BNY Mellon entered the crypto custody business. The real story here is Custodia Bank’s Caitlin Long’s emotional speech at DC Fintech Week. The bitcoin enthusiast banker left the rest of the panel speechless by accusing the Federal Reserve of giving preferential treatment to BNY Mellon. “We’ve been waiting for two and a […]
Avanti’s Caitlin Long expects the U.S. Federal Reserve to make it harder for crypto companies to access USD payment channels. Caitlin Long, the founder and CEO of the pioneering bank for the crypto sector, Avanti Bank & Trust, has declared that the regulatory crackdown on crypto “has begun.”In a lengthy tweet on July 13, the Wall Street veteran highlighted her thoughts on the current regulatory situation in the U.S., predicting that authorities will not target Bitcoin and Ethereum directly, instead opting to go after “intermediaries” and “access points” for U.S. dollars into the....