Aspiring crypto financial institution’s plight exhibits Binance’s woes are solely a part of the story
Two weeks in the past, Custodia Financial institution (previously Avanti Financial institution), based by Caitlin Lengthy and never but operational, realized that its utility for membership had been denied by the US Federal Reserve Board, which might have formalized a partnership with basic financial institution status. Then this week Binance, the world’s largest cryptocurrency alternate …