Custodia Bank CEO Caitlin Long believes that crypto firms are facing challenges in the banking sector due to anti-crypto directives, resistance from the Federal Deposit Insurance Corporation (FDIC), and lack of stablecoin regulations. She warns that without mandatory cash reserves, banks are at risk of liquidity crises like the collapse of Silvergate Bank. Long argues that the US government, including the Trump administration, has done nothing to address the issue of crypto debanking since returning to the White House. She calls for a new chair to head the FDIC and urges stronger consumer protections, including cash reserves for stablecoin issuers.



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