The US government has done “nothing” to address crypto debanking issues since US President Donald Trump returned to the White House, according to Custodia Bank’s CEO Caitlin Long.
Speaking on stage at ETHDenver on Feb. 28, Long said while the “perception is that there has been a loosening, none of the federal banking agencies have actually overturned any of the anti-crypto guidance.”
“It is still presumed unsafe and unsound for a bank to touch a digital asset even in a de minimis amount,” Long said while arguing that “nothing” has changed.
“That is going to change, no doubt, but Trump hasn’t proposed [anything] yet.”
Caitlin Long speaking at ETHDenver in Denver, Colorado on Feb. 28. Source: ETHDenver
The CEO of the crypto-friendly bank said the White House needs to appoint a new chair to lead the Federal Deposit Insurance Corporation, which Long said has largely opposed evolving with technological change for the…
