Crypto financial institution Custodia has misplaced one other authorized battle in its marketing campaign to overview the Federal Reserve’s place as the ultimate authority over granting grasp accounts. This growth comes after the US Court of Appeals for the Tenth Circuit rejected the Caitlin Long-led digital financial institution’s request for rehearing after an preliminary favorable…
Custodia Bank, the favored crypto financial institution based by Caitlin Long, has suffered one other courtroom setback in its struggle for a Federal Reserve grasp account. Notably, the Wyoming-based establishment didn’t safe a good attraction ruling after an preliminary courtroom rejection in March 2024. Appeals Court Upholds Fed Decision In Custodia Case In 2020, Custodia…
Caitlin Long, the CEO of Wyoming-chartered Custodia Bank, delivered a stark evaluation of crypto’s path to the Federal Reserve’s rails, arguing that companies working below belief charters—together with Ripple—is not going to be granted direct entry to the Fed’s fee system except they develop into true depository establishments. “Stablecoin issuers usually are not legally depository…
Custodia CEO and key crypto determine Caitlin Lengthy has questioned the readiness of conventional finance companies for his or her first-ever crypto winter. Speaking with CNBC on Friday on the Wyoming Blockchain Symposium 2025, Lengthy emphasised that whereas Wall Street’s growing involvement has fueled the present market cycle, its legacy techniques and danger fashions could…
Ripple CTO David Schwartz has joined a heated debate after Custodia Bank CEO Caitlin Long criticized Ripple, the XRP Ledger (XRPL), and its stablecoin RLUSD in a podcast clip shared on X. Long questioned XRP’s decentralization, likened Ripple’s early funding to an ICO, and argued the blockchain had fallen short of its adoption goals among…
Caitlin Long, founder and CEO of Custodia Bank, delivered one of the harshest assessments yet of Ripple and the XRP ecosystem in a recent episode of the Gold Goats ‘n Guns podcast, calling into question the project’s credibility, tokenomics, and long-term viability in institutional finance. In a sweeping critique, Long stated bluntly: “It’s not going…