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Federal Reserve bank regulator Michael Barr to step down

[Jan 7 1:07 AM] Fed’s Barr once said the Federal Reserve would “likely view it as unsafe and unsound for banks to directly own crypto-assets on their balance sheets.”

University of Wyoming launches Bitcoin Research Institute

[Jul 29, 2024 1:08 AM] The Bitcoin Research Institute will open in August as part of the University of Wyoming’s College of Arts and Sciences.

Wyoming: Regulatory Clarity and Crypto-Friendly Banks Fuel Blockchain Revolution

[Jun 27, 2023 5:33 AM] America’s least populous state has passed three dozen laws regulating crypto. That has helped attract crypto, blockchain and Web3 employers and made the No. 7 spot in CoinDesk’s Crypto Hubs 2023 the most crypto-friendly state in an otherwise…

Custodia Bank Founder Caitlin Long: ‘The Fed Thinks Only Large Incumbents Should Service Crypto’

[Jun 22, 2023 5:30 AM] Caitlin Long, the founder of Custodia Bank, has railed against the favoritism that the Federal Reserve and the institutions of the U.S. financial system are supposedly showing to incumbents. According to Long, regulators have applied double…

Caitlin Long On Bitcoin’s Banking Future: ‘Policymakers Are Going To Get What They Fear’

[Jun 18, 2023 6:00 AM] If you’ve been in Bitcoin longer than a few minutes,\ then you’ve heard the phrase “be your own bank.” This, of course, is referring to the fact that Bitcoin is a peer-to-peer network, controlled by its users, not a central banking system. However

Custodia's Suit Against Fed Over Denial of Master Account Can Proceed, Court Rules

[Jun 9, 2023 10:03 PM] Custodia's challenge of the Federal Reserve Bank of Kansas City's decision to deny the crypto-friendly bank access to the Fed banking services can continue, a U.S. district court ruled Thursday, rejecting a Fed motion to dismiss the case. The U.S…

Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit

[Apr 11, 2023 9:51 AM] The state of Wyoming is taking umbrage at the Federal Reserve Board’s insinuations that its regulatory framework for special purpose depository institutions (SPDIs) – state-chartered banks that can handle digital assets – are not up to snuff.

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

[Apr 6, 2023 5:30 AM] The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many…

Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

[Mar 20, 2023 3:30 PM] On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly owned subsidiary of New York Community Bancorp, acquired 40 former branches of Signature and its…

US Fed to create new crypto team amid concerns about unregulated stablecoins

[Mar 9, 2023 11:15 PM] The Fed’s vice chair for supervision said that the central bank does not want to curb innovation but ensure that regulations protect households and the financial system.

Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

[Feb 18, 2023 9:30 AM] Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law…

Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto

[Feb 17, 2023 11:40 PM] Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt.

Wyoming lawmakers pass bill to prevent forced disclosure of private keys

[Feb 15, 2023 11:48 PM] The only exception to the law will be where the public key is unavailable to disclose details of the digital asset, digital identities, interest or right.