- Custodia Bank CEO Caitlin Long revealed that federal banking agencies have not overturned any anti-crypto guidance despite Trump’s return to office.
- Evidence of regulatory hostility includes “Pause Letters” directing FDIC-supervised banks to cease crypto activities and the Federal Reserve’s denial of Custodia’s master account application.
- Long advocates for stablecoin legislation and consumer protection requiring banks to maintain adequate cash reserves against deposits.
- The crypto industry is optimistic about potential policy shifts under Trump, especially after the SEC formed a Crypto Task Force under pro-crypto commissioner Hester Peirce.
Donald Trump’s return to the White House has raised…
