Avanti – DIGIT INFO

US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master Accounts

DIGIT — Thu, 18 Aug 2022 07:00:16 +0000

The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to the board, the final guidelines will become effective as soon as they are published in the Federal Register. New Guidelines […]

Go to Source

Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’

DIGIT — Thu, 17 Feb 2022 07:00:51 +0000

On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so […]

Go to Source

Caitlin Long takes aim at The New York Times over crypto ‘alarm’ article

DIGIT — Tue, 07 Sep 2021 03:47:06 +0000

Regulated crypto bank Avanti CEO Caitlin Long says tarring the entire crypto industry with the same brush is unfair.

Go to Source

Crypto crackdown targeting USD access points has begun: Caitlin Long

DIGIT — Tue, 13 Jul 2021 06:31:01 +0000

Avanti’s Caitlin Long expects the U.S. Federal Reserve to make it harder for crypto companies to access USD payment channels.

Go to Source

Avanti Financial raises $37 million to launch institutional crypto bank

DIGIT — Fri, 26 Mar 2021 02:31:29 +0000

The digital asset bank will be aimed at institutional investors only, and there is no exchange planned.

Go to Source

Anchorage Obtains Federal License to Operate as Crypto Bank From the OCC

DIGIT — Fri, 15 Jan 2021 06:30:00 +0000

The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter, which allows it to create Anchorage Digital […]

Go to Source

Avanti CEO calls on SIM swap victims to resurrect Wyoming bill

DIGIT — Thu, 03 Dec 2020 22:06:11 +0000

“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry,” said Caitlin Long.

Go to Source

Avanti launches crypto-friendly bank in Wyoming

DIGIT — Wed, 28 Oct 2020 21:49:51 +0000

The Wyoming State Banking Board voted unanimously to grant Avanti a bank charter.

Go to Source

Caitlin Long on Banking Backdrop, Stifled Regulation to Serve Crypto

DIGIT — Thu, 30 Apr 2020 13:31:01 +0000

Speaking to Cointelegraph during Virtual Blockchain Week, Caitlin Long predicted an oncoming wave of institutional investment.

Go to Source

Crypto Bank Pioneer Wants Greater Transparency Across the Industry

DIGIT — Wed, 29 Apr 2020 08:56:00 +0000

The Wall Street veteran warns that the rise of stablecoins is distributing ‘IOUs’ throughout the digital asset sector

Go to Source