Wyoming Crypto Bank’s Federal Reserve Application Denied

An interesting fight of the new against the old, with Caitlin Long’s Custodia Bank here in Wyoming. What’s interesting is that Custodia isn’t like traditional banks with fractional reserves, but has to have full reserves. At least as I remember from watching her bank application hearing here in the Wyoming capital. But the main reason I highlight this story is to show a video of Caitlin who is an interesting woman based in Laramie, Wyoming, and there is a lot of good information in her presentation from a few years ago.

https://apnews.com/article/cryptocurrency-technology-federal-reserve-system-business-wyoming-c1405724575242e0f4d0652bf7f44915