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Custodia Bank founder: The Fed is reviewing two crypto-friendly banks, and the debanking issue may not be resolved in January next year

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Reprinted from panewslab

03/22/2025·2M

PANews March 22nd news, according to Cointelegraph, Custodia Bank founder and CEO Caitlin Long said that it is too early to say that debanking is over. The Federal Reserve is currently reviewing two crypto-friendly banks and sending large numbers of reviewers to these banks, including examiners from Washington. This army is simply killing these banks to provide services to crypto companies.

Caitlin Long added: "Trump won't be able to appoint a new Fed director until January next year, so there can be signs that lead to a potential big fight. What should the crypto industry do if the U.S. Currency Complaints Agency (OCC) and the U.S. Federal Savings Insurance Corporation (FDIC) overturn their anti-cryptocurrency guidelines and the Fed doesn't overturn it?"

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