Tagged: custodia bank

April 4, 2024 @ 10:09 am By Omar Faridi  |  

Wyoming-based digital asset bank Custodia will continue its efforts to obtain access to a Federal Reserve master account. Wyoming is a digital asset-friendly jurisdiction. A Federal Reserve master account is an account in which a Reserve Bank allows banks or credit unions to use the… Read More

April 1, 2024 @ 9:08 am By Omar Faridi  |  

According to a ruling by a judge this past Friday (March 29, 2024), the US Federal Reserve will not be required to provide Wyoming-based digital asset bank Custodia access to a master account. Federal Reserve Banks are able to determine if they should issue master… Read More

November 13, 2023 @ 11:03 am By Omar Faridi  |  

Custodia‘s Bitcoin custody platform recently went live. Custodia is a bank that is reportedly built by Bitcoiners “offering segregated (not omnibus) accounts on our custom-built Bitcoin custody platform.” Custodia’s Bitcoin custody service is said to be “purpose-built for businesses: fiduciaries, including investment advisers, investment managers… Read More

September 22, 2023 @ 8:25 am By Omar Faridi  |  

Custodia is pleased to announce that Lisa Hough has joined the bank as Vice President of Strategic Relationships, responsible for helping customers in the U.S. Bitcoin and energy industries “meet their banking and bitcoin custody needs.” Lisa transitioned to the Bitcoin sector in 2019 “after… Read More

January 28, 2023 @ 9:11 am By Omar Faridi  |  

The Federal Reserve Board announced its denial of the application by Custodia Bank, Inc., Cheyenne, Wyoming, “to become a member of the Federal Reserve System.” The Board has concluded that the firm’s application “as submitted is inconsistent with the required factors under the law.” Custodia… Read More