Michelle Kallen

Caitlin Long, founder and CEO of Custodia Bank, teams up with Michelle Kallen, a financial sector legal expert, to delve into Custodia's legal battle against the Federal Reserve. They discuss the politically charged rejection of Custodia's application for a master account, suggesting it may be linked to broader efforts to suppress the crypto sector. The duo also explores the implications of their lawsuit, the dual banking system, and the lack of representation for women-owned banks in America, painting a vivid picture of the struggles within crypto banking.

Caitlin Long, Founder and CEO of Custodia Bank, and Michelle Kallen, Partner at Jenner & Block, delve into Custodia's struggle against the Federal Reserve’s denial of its master account application. They argue the rejection was politically motivated and discuss its implications for the future of crypto banking. The duo also touches on the lack of women-owned banks, biased regulatory practices, and the significance of their ongoing lawsuit. Their insights shed light on the complex interplay between innovation, regulation, and politics in the crypto sector.