Custodia Bank founder: The Federal Reserve is reviewing two crypto-friendly banks, and the de-banking problem may not be solved until January next year

03/22 11:17

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as reported by Cointelegraph, Caitlin Long, founder and CEO of Custodia Bank, stated that it is premature to say that de-banking is over. Currently, the Federal Reserve is reviewing two crypto-friendly banks and has dispatched a large number of examiners to these banks, including examiners from Washington. This army is essentially strangling these banks from providing services to crypto companies. Caitlin Long added, "Trump will not have the ability to appoint new Federal Reserve governors until January next year, so signs of a potential major struggle can be seen. If the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) overturn their anti-crypto guidance while the Federal Reserve does not, what will the crypto industry do?"

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