SPDI

Avanti Bank CEO on Why It's Important to Become a Federal Reserve Member Bank
Avanti Bank CEO on Why It’s Important to Become a Federal Reserve Member Bank
Caitlin Long, founder and CEO of Wyoming-based Avanti Bank, a special purpose depository institution (SPDI) that aims to provide crypto custody services for institutional inve...
Avanti Bank CEO on Why It's Important to Become a Federal Reserve Member Bank

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US Federal Reserve Proposes Guidelines for ‘Novel’ Banks That Want Access to Fed Payments
The guidelines would have a direct bearing on Wyoming special purpose depository institutions that want access to Fed payments, said U.S. Sen. Cynthia Lummis.
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Jesse Powell: Bitcoin Banker
In 2011, Jesse Powell stored digital assets for online gamers. Now, his crypto exchange has created a bank for which he helped develop the rules.
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Caitlin Long's Wyoming Crypto Bank Announces C-Suite, Including Bitcoin Core Dev
On Tuesday, Avanti Financial Group announced five executive hires, including Bitcoin Core developer Bryan Bishop and Figure Technology’s Zev Shimko.
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Blockchain Pioneer Caitlin Long to Build Crypto Bank in Wyoming
A Wyoming corporation founded by Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking.
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Kraken Job Ad Hints at Plan to Build Special-Purpose Wyoming Bank
The cryptocurrency exchange has opened up a position for someone to oversee operations for the firm’s future Wyoming SPDI bank charter.
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Colorado Could Be Next in the Race to Bank Crypto (and Cannabis)
State policymakers want Colorado to be the new Wyoming, creating friendly legislation to draw crypto companies.
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