Custodia Bank to Roll Out Bitcoin Custody Service, Says CEO Caitlin Long at Bitcoin 2023 Panel
05/18 18:25
Custodia Bank, a special purpose depository institution based in Wyoming, will soon offer Bitcoin custody services for its clients. The bank issued a 60-day advance notice in April, as required by Wyoming law for institutions planning to custody digital assets. Custodia Bank, formerly known as Avanti, has been providing financial services for customers with digital assets since 2020 and was one of the first institutions to register under Wyoming's crypto-friendly laws. The announcement comes amid Custodia's lawsuit against the Federal Reserve over its treatment in becoming a member institution and gaining access to a master account.
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