Author: CoinDesk

Caitlin Long and lawyer Michelle Kaplan explain why Custodia Bank felt compelled to sue the Fed.

Caitlin Long, founder and CEO of Custodia Bank, and Michelle Kallen, partner at Jenner & Block, join the podcast to discuss Custodia’s legal battle with the Federal Reserve—a fight that has drawn significant attention in the crypto industry. 

Custodia, established as a special purpose depository institution in Wyoming, aimed to offer secure banking services for the crypto sector. Despite meeting state requirements and taking extra steps to demonstrate its commitment to safety, Custodia’s application for a Fed master account was met with delays and ultimately denied in an unprecedented 86-page report.

In this episode, Caitlin and Michelle explains why they believe the Fed’s rejection was politically motivated, how this relates to a operation Choke Point 2.0, the appalling small number of American banks owned by women, where they are in their lawsuit against the Fed, and what this case means for the future of crypto banking in the U.S. 

Show highlights:

• What Custodia Bank is and how it got started in Wyoming
• How Custodia got into a fight with the Fed to get its master account
• How the dual banking system works in the U.S. and the differences between Custodia and traditional banks
• Why Custodia filed a lawsuit against its own regulator
• Why the Fed denied Custodia its applications and Caitlin’s response to the criticisms
• The political coordination meant to “intimidate” Custodia, according to Caitlin
• The amicus briefs that were filed in favor of Custodia
• Caitlin’s reaction to the Fed’s enforcement action against Customers Bank 
• Why Caitlin says that it’s “abusive and corporatist” that the SEC is granting exceptions to big banks
• Why so few banks are owned by women and whether this played a role in Custodia’s denial
• The next steps in Custodia’s case and whether a stablecoin is viable for them
• Whether the elections are going to impact the case 

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

• Polkadot
• Token 2049

Guests:

• Caitlin Long, Founder & CEO of Custodia Bank
• Previous appearances on Unchained:
• Why Caitlin Long and Meltem Demirors Are Worried About Crypto’s Future in the US
• Caitlin Long: Why Avanti Will Be a New Kind of Crypto Bank
• Michelle Kallen, Partner at Jenner & Block

Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The latest price moves and insights with Jennifer Sanasie.

To get the show every day, follow the podcast here.

CoinDesk's Jennifer Sanasie breaks down the developments in DePIN and how it utilizes blockchain technology to manage physical infrastructure resources in a decentralized manner. Plus, how this technology could potentially revolutionize the monopoly of big tech and utility companies.

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This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and Melissa Montañez, and edited by Victor Chen. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Host Jennifer Sanasie breaks down the news in the crypto industry from Trump's interview with Musk to 3AC liquidators suing Terraform Labs for $1.3B.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto and bitcoin went unmentioned in the interview between X CEO Elon Musk and former President Donald Trump. Plus, 3AC liquidators have sued Terraform Labs for $1.3 billion and Hamster Kombat bashes crypto VC funding.

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Cleanspark has been one of this cycle’s big mining winners. We brought on Zach Bradford, CEO of Cleanspark, to understand the game plan!

Welcome back to The Mining Pod! This week we are joined by Zach Bradford, CEO of Cleanspark, to discuss Cleanspark’s exlplosive 2024 growth. From purchasing peer miner Griid to new sites in multiple states, Bradford goes through Cleanspark’s last twelve months, why the company is focused on Bitcoin and Bitcoin only, why Cleanspark is focused on building in the US (but maybe not forever!), comparative strategies like MARA’s new HODL and possibly some tech developments worth listening to the end of the show for.

Timestamps:

00:00 Start

02:15 12 month recap of operations

05:57 Why not pivot to AI?

11:19 Texas is too crowded

13:27 International power locations

15:56 Griid acquisition

19:24 Swapping Griid's old rigs?

21:28 Texas vs Georgia

24:46 Bitcoin treasury

29:18 Marathon's current strategy

31:55 Growth strategies

37:15 Launching a pool?

38:02 Bitcoin Core development

38:55 New rigs

40:06 Wen zetahash?

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

👉 Watch our newest documentary, The Big Empty!

Follow our host on Twitter, @wsfoxley.

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!

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"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The latest price moves and insights with Jennifer Sanasie and Bloomberg Intelligence Senior ETF Analyst Eric Balchunas.

To get the show every day, follow the podcast here.

Bloomberg Intelligence Senior ETF Analyst Eric Balchunas joins CoinDesk to discuss the spot bitcoin ETFs' impact on the leading cryptocurrency and his outlook on ether ETF products in the U.S.

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This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and Melissa Montañez, and edited by Victor Chen. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Host Jennifer Sanasie breaks down the news in the crypto industry from Tether's response to Celsius' $3.3 billion litigation to Ripple's stablecoin testing.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as bankrupt crypto lender Celsius asked a U.S. court to order stablecoin issuer Tether to relinquish more than 57,000 bitcoin. Plus, Tigran Gambaryan's family alleges that the Binance executive is being denied adequate access to his lawyers, and Ripple's new stablecoin is being tested on Ethereum and XRP Ledger.

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Memeland and 9GAG’s Founder and CEO, Ray Chan discusses the evolution of meme culture and shares his insights on the future of internet culture and digital ownership.

In this episode, we sit down with Ray Chan, Founder and CEO of 9GAG and Memeland, one of the world's largest independent meme-sharing websites and his Web3 venture studio. Ray shares the origin story of 9GAG and offers insights into the evolution of meme culture over the past 16 years. He discusses the intersection of memes with Web3 and NFTs and provides his perspective on the future of internet culture and digital ownership.

Links mentioned from the podcast: 

• Ray’s Twitter

Watch this episode on video:

• YouTube
• CoinDesk

Follow us on Twitter: 

• Sam Ewen, Avery Akkineni, CoinDesk, Vayner3

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"Gen C" features hosts Sam Ewen and Avery Akkineni. Executive produced by by Uyen Truong. Our theme music is "1882” by omgkirby x Channel Tres with editing by Doc Blust. Artwork by Nicole Marie Rincon.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Indices presents notable data insights from the week, followed by additional analysis from an industry expert.

To get the show every day, follow the podcast here.

The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. Subsets of the CoinDesk Market Index (CMI) are investible CoinDesk Crypto Sectors and the CoinDesk 20 Index, designed to measure the performance of the top digital assets. Today’s takeaways are provided by Tracy Stephens, senior index manager at CoinDesk Indices with additional analysis from Michael Nadeau, Founder, The DeFi Report.

For more on CoinDesk Indices, visit: coindeskmarkets.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jason Pagoulatos, head of markets at Delphi Digital, explains why crypto markets rebounded quickly from the rout this week, why ETH has underperformed BTC and SOL in 2024, and how Fed and election uncertainty might affect crypto.

After the unwinding of the Japan carry trade, the weak jobs report, and Jump’s dumping of ETH slammed crypto prices earlier this week, Jason Pagoulatos, head of markets at Delphi Digital, gives his insights on where prices are headed. He explains why he thinks Ethereum has underperformed so far in 2024, how the ETH ETFs might impact the price as outflows from Grayscale’s ETHE dwindle, and how the election, moves by the Fed, and the adoption of Bitcoin ETFs by Morgan Stanley advisors will affect BTC. 

Show highlights:

• Why the markets have rebounded since the weekend selloff
• The role of Jump in the ETH selloff and why ETH has been underperforming so much this year
• Whether Grayscale’s ETHE slowing down the outflows will reverse the trend for ETH
• Why Jason believes that investment advisors will continue to push bitcoin to their clients
• How the macroeconomic environment is affecting crypto prices now and the impact in the near future

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

• iTrustCapital
• Polkadot
• Token 2049

Guest

• Jason Pagoulatos, head of markets at Delphi Digital

Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Host Jennifer Sanasie breaks down the news in the crypto industry from delay of Do Kwon’s extradition from Montenegro to Coinbase's response to the CFTC's proposed rules regarding prediction markets.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, including the delay of Do Kwon’s extradition from Montenegro at the request of the country’s top prosecutor. Plus, Coinbase argues against the CFTC's proposed rules regarding prediction markets, and JPMorgan says positive catalysts have been priced in.

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.