BTC166: Bitcoin Custody For Institutions w/ Caitlin Long and Wes Knobel (Bitcoin Podcast)

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We Study Billionaires - The Investor’s Podcast

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Join us in this insightful episode where Caitlin Long of Custodia Bank and Wes Knobel delve into the innovative non-fractional reserve system, the challenges faced with the Federal Reserve, and the dynamic world of cryptocurrency banking. They discuss Custodia's unique approach, its role in the post-Silicon Valley bank crisis landscape, and the evolving challenges and opportunities in cryptocurrency custodianship. This conversation offers a deep dive into the intersection of traditional banking, regulatory environments, and the growing influence of digital assets.



IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:34 - How Custodia Bank is redefining traditional banking practices.

02:34 - The significance of Custodia's approach to customer deposits.

12:47 - Insights into the Federal Reserve's decision-making process.

22:19 - The implications of non-participation in fractional reserve banking.

22:19 - The importance of state laws in protecting digital assets.

28:21 - Wes Knobel's perspective on financial innovation and regulation.

38:31 - Caitlin Long's expertise in banking risks and legacy systems.

47:58 - The potential government intervention in cryptocurrency holdings.

47:58 - Predictions for the future of banking in the era of digital currencies.

01:00:37 - The recent SEC approval of Bitcoin ETFs and its impact.



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