Modernizing the entire banking system, with Caitlin Long, CEO of Custodia Bank

Lex chats with Caitlin Long, CEO of Custodia Bank (formerly
Avanti Financial Group) - a Wyoming payment system provider and a
custodian of digital assets required to fully comply with Know
Your Customer, Anti-Money Laundering, and related laws and
regulations. Together they delve into the fascinating world of
fintech, US banking history, and the evolution of banking and
payment networks. Starting with Caitlin's early experiences in
finance and the unique dynamics of the US banking industry, they
explore the controversies and historical context surrounding the
US Central Bank. They touch upon centralization in banking, the
unintended consequences of regulatory compliance, and how
technology trends have shaped the industry. The conversation then
shifts to the founding principles of Custodia Bank and its
mission. Caitlin also discusses the evolving role of card
networks in payment rail integration and how Custodia Bank fits
into the open macro economy, emphasizing client focus and
ecosystem integration. This podcast provides valuable insights
into the past, present, and future of the US financial industry.


 


MENTIONED IN THE CONVERSATION


 


Custodia Bank's Website: https://bit.ly/3Z6ZALr


Caitlin's LinkedIn profile: https://bit.ly/44KwXVD


 


Topics: Bitcoin, crypto, blockchain, finance, banking, Wyoming,
macroeconomics, treasury management, fintech, monetary policy


 


Companies: Custodia Bank, The Fed, Salomon Brothers, FTX


 


ABOUT THE FINTECH BLUEPRINT


 


Subscribe to the Fintech Blueprint newsletter to stay at the
forefront of Fintech and DeFi: https://bit.ly/3hyhlC2


 


Partner with Fintech Blueprint through sponsorships:
https://bit.ly/3UZllsV


 


Twitter: https://twitter.com/LexSokolin


 


TIMESTAMPS


 


1’25”: Early lessons in finance: A journey into financial
services and understanding industry stressors


 


5’05”: Unraveling the uniqueness of the US banking industry: A
historical perspective and future trends


 


10’38”: A glimpse into the history of the US Central Bank:
Controversies and evolution


 


22’25”: Centralization in banking: Unintended consequences of
regulatory compliance and technology trends


 


30’38”: The inception of Custodia: Mission and ideation


 


36’02”: Heralding a new era: Card networks' evolution in payment
rail integration


 


41’10”: Custodia's role in the open macro economy: Client focus
and ecosystem integration


 


47’13”: The channels used to connect with Caitlin & learn
more about Custodia Bank


Disclaimer here — this newsletter does not provide investment
advice and represents solely the views and opinions of FINTECH
BLUEPRINT LTD.


Contributors: Lex, Laurence, Matt, Farhad, Mike, Daniella


Want to discuss? Stop by our Discord and reach out here with
questions.