Custodia Bank (formerly Avanti Bank) and Kraken Bank have been in a holding pattern for two and a half years as they wait for Federal Reserve master accounts.
Wyoming is wild, rugged and libertarian. It is now also America’s leading crypto state, home to thriving digital asset banks like Avanti, run by Wall Street veteran Caitlin Long. Can these young firms now get much-prized master accounts with the Federal Reserve?
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