Caitlin Long, founder of Custodia Bank, and Wes Knobel discuss how Custodia is redefining traditional banking, the challenges faced with the Federal Reserve, and the evolving world of cryptocurrency banking. They also touch on the recent SEC approval of Bitcoin ETFs, potential government intervention in cryptocurrency holdings, and predictions for the future of banking in the era of digital currencies.

Caitlin Long, founder and CEO of Custodia Bank, and Meltem Demirors, chief strategy officer of CoinShares, share their concerns about crypto in the U.S. following a wild week in the banking sector. With Signature Bank’s takeover looking like a targeted takedown and crypto-friendly upstarts like Custodia being shadowbanned by the Fed, the two longtime experts look ahead at the fights to come. Is USDC next to land in regulators’ crosshairs?Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.Show highlights: how crypto is viewed as a “big, scary, and strange” industry how Signature and Silvergate became so important for the crypto industry with SEN and Signet why Caitlin says it’s “crystal clear” that we are now in Operation Choke Point 2.0, with U.S. regulators pushing to debank the crypto industry why Caitlin says the Fed’s vote against Custodia’s application was preordained whether Sen. Elizabeth Warren had an impact on the current crisis how everything comes down to game theory whether VCs are responsible for causing the bank run whether the rollback in 2018 of certain provisions of the Dodd-Frank Act played a role in the recent collapse Caitlin’s hot takes on what happened with Signature Bank the unique characteristics of Custodia’s business model as a bank how stablecoins challenge the current financial system why it’s so important for crypto to improve its public perception Thank you to our sponsors! Crypto.com Halborn Guests: Meltem Demirors, Chief Strategy Officer at CoinShares Caitlin Long, founder and CEO of Custodia Bank Links Previous coverage of Unchained: Jim Bianco on Why the Banking System Has Always Been Broken The Fed Is In Checkmate: What Will Powell Do? The Fall of SVB: What Happened and How It Affects Crypto NYT: Congress Approves First Big Dodd-Frank Rollback NYMAG: Barney Frank Talks More About the Surprise Shuttering of Signature Bank WSJ Editorial Board: Signature Bank’s Crypto Execution Unchained: FDIC Denies Asking Signature Buyers to Give Up Crypto: Report Was Signature Bank Actually Insolvent? Circle to Bring On New Banking Partner for USDC Minting, Redemption Circle Clears Backlog of USDC Minting and Redemption Requests Regulators Close Signature Bank Following SVB Collapse ​​Silvergate to Wind Down Operations in ‘Voluntary Liquidation’ Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode of On the Margin, Caitlin Long Founder & CEO at Custodia Bank & Nic Carter Founding Partner at Castle Island Ventures join the show to discuss the recent banking turmoil with the collapse of Silvergate and Silicon Valley Bank which led to the closure of Signature Bank over the weekend. Interest rate risk in HTM portfolios was the key driver of the recent bank runs we have seen, but how have they reverberated all around the world?We then discuss the political backlash crypto banks have received as a consequence of the bank crisis and whether this could be an operation chokepoint 2.0 scenario, something Nic has been writing about for many months. To hear all this and more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Caitlin: https://twitter.com/CaitlinLong_Follow Nic: https://twitter.com/nic__carterFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Use code MARGIN10 to get 10% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Caitlin Long, Founder & CEO of Custodia Bank joins me to talk about the recent collapses in various crypto debt projects and products. We explore the risks of leverage in the system, the prevalence of crypto scams, and why regulation may be coming sooner than we think due to these recent events. We also talk about Bitcoin Maximalism and the importance of the Bitcoin Hash Rate.Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: https://www.swanbitcoin.com/private/GuestCaitlin's Twitter Account: https://Twitter.com/CaitlinLongPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Outline00:00:00 “What is Money” Intro00:00:08 Learn about Bitcoin with Swan Private at SwanPrivate.Com00:01:37 Caitlin's background00:04:19 Leverage in the System, Bitcoin Bull/Bear Markets00:09:47 Why is this time different?00:14:59 Market Cycles, S2F & Price Models00:21:18 Explaining why "Yield on Bitcoin" is not Sustainable00:26:52 The Importance of Self-Custody00:29:35 Fractional Reserves, One to One Leverage00:33:12 Difference between being "Licensed" & being "Regulated"00:38:03 Watch "Hard Money with Natalie Brunell" From Swan Studios & Bitcoin Magazine!00:38:49 Take Control of Your Healthcare with CrowdHealth!00:39:58 Is Regulation coming?00:42:19 Explaining the Damage & Ramifications of Crypto Crashes00:45:49 Are there other use cases for Blockchain & Crypto Projects?00:53:08 Could Decentralization be Achieved again?01:00:13 Discussing Bitcoin Maximalism & Culture01:07:31 What type of Indicator is Hash Rate & how do you explain it?01:11:45 Lightning Network & Final Thoughts01:15:58 Where to find Caitlin's work01:16:25 "What is Money" OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESSwan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanbitcoin.com/private/CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedloveOkcoin is an innovative and education-focused cryptoasset exchange platform—earn $50 in free Bitcoin by signing up at: https://okcoin.com/breedloveJoin Me At Bitcoin 2023, pre-order your tickets now (use discount code BREEDLOVE): https://b.tc/conference/2023Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/

Bitcoin advocate and CEO of Custodia Bank, Caitlin Long, discusses the impact of recent European elections on capital markets, critiques the regulatory landscape, explores the correlation between Bitcoin cycles and US elections, delves into the Federal Reserve's role in crypto regulation, and reflects on challenges in the European Union's future.

Caitlin Long, Wall St. veteran and CEO of Custodia Bank, discusses the crackdown on digital assets, Bitcoin's evolution as a payment instrument, the need for a political revolution in the US, risks of undercapitalization in banks, geopolitics and the origin of wars, Bitcoin custody and the Fed's opposition, concerns of central bankers, tapering the biggest Ponzi, and political dynamics and the presidential election.

Caitlin Long, Founder of Custodia Bank, reveals the White House's attempts to kill crypto and the puppet master behind it. They discuss crypto regulation, Bitcoin ETFs, and the future of Custodia Bank. The podcast also explores the impact of Bitcoin on politics, skepticism about regulation, and the challenges faced by regulators in the crypto industry.

Caitlin Long, Founder and CEO of Custodia Bank, dives into the challenges facing the crypto industry amid regulatory battles. She discusses her transformation from Wall Street to blockchain advocacy and the pivotal changes in Wyoming aimed at fostering innovation. Long argues for Bitcoin's role as 'hard money' in a transforming economy and emphasizes the need for balanced regulatory frameworks. She also tackles misconceptions about blockchain and highlights how Bitcoin can facilitate AI advancements, while advising small businesses on adopting crypto payments.

Caitlin Long, a Wall Street veteran and bitcoin advocate, shares her insights as the CEO of Custodia Bank. She discusses the Federal Reserve's mounting challenges and how they intersect with crypto governance. The conversation delves into the implications of central bank powers, debanking practices, and the need for decentralized monetary policies. Long highlights the precarious political dynamics, including Twitter's role in shaping discourse and potential impacts on financial regulations during a tumultuous governance period.

Caitlin Long, Founder and CEO of Custodia Bank and a prominent advocate for Bitcoin integration in traditional finance, joins Pascal Huegli to dissect the convoluted world of banking. They tackle the Orwellian tendencies of today's financial landscape and the alarming rise of US debanking. Long illuminates Bitcoin's potential as 'digital gold' amidst a backdrop of historical economic shifts. The duo also discusses the urgent need for regulatory reform, accountability, and the impact of these changes on the future of decentralized finance.