ChainCatcher news, the crypto-friendly bank Custodia Bank announced on X that it has received approval from the Wyoming banking department, and Custodia's Bitcoin custody platform has recently launched.This one-stop Bitcoin custody and USD integrated service (not FDIC insured) platform is aimed at businesses, including trustees, investment advisors, fund managers, and corporate finance executives.

ChainCatcher news, according to Decrypt, Custodia Bank CEO Caitlin Long stated during a panel discussion at the Miami Bitcoin Conference that the bank issued a 60-day advance notice in April, and it will launch Bitcoin custody services for its clients.Custodia Bank, formerly known as Avanti, has been providing a full suite of financial services to clients with digital assets since 2020. As a Special Purpose Depository Institution (SPDI), the bank is also one of the first institutions registered under Wyoming's cryptocurrency-friendly laws. (source link)