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Tag Archives: custodia

Wyoming is Becoming a Growing Crypto Haven

Wyoming, despite its lack of a population, has been on a mission to become one of the most – if not the most – crypto-friendly regions known to man, and thus far, it’s succeeding. Wyoming Still Loves Crypto Over the past seven years, Wyoming has passed more than 30 crypto-based laws designed to regulate the industry, grow innovation, and make things safer. Steve Lupien – director of the Center for Blockchain and Digital Innovation at the University of Wyoming –...

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Crypto Bank Custodia Sees Its Fed Application Denied

Bitcoin has been incurring some price spikes over the past few weeks that have caused crypto to jump back onto the financial map like it never did in 2022. However, the space has been delivered a blow now that the Federal Reserve has denied the application of crypto bank Custodia to be a member of the official Fed system. The Fed and Custodia Are Again Duking It Out The agency warned that the organization suffers from “safety and soundness risks” and thus is not in good...

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