A “future bank” focused solely on providing regulated services for digital assets is preparing to start, according to Coindesk on Monday (Feb. 24). Called Avanti, the venture is put forward by Caitlin Long, a legislative champion for blockchain and a former Wall Street veteran. Long...
July 26, 2023
The U.S. crypto crackdown started at the top, but the sector’s fractures were bottom-up. Some of the digital asset industry’s biggest names, like Coinbase and Binance, found themselves afoul of U.S. federal agencies like the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) after the highly publicized implosion of players like Three Arrows Capital, TerraUSD and […]
February 25, 2020
A “future bank” focused solely on providing regulated services for digital assets is preparing to start, according to Coindesk on Monday (Feb. 24). Called Avanti, the venture is put forward by Caitlin Long, a legislative champion for blockchain and a former Wall Street veteran. Long was preparing to apply for a special purpose depository institution (SPDI) […]
