According to Cointelegraph, Caitlin Long, founder and CEO of Custodia Bank, stated that it is too early to say that de banking has ended. Currently, the Federal Reserve is reviewing two cryptocurrency friendly banks and has dispatched a large number of reviewers to these banks, including those from Washington. This army is simply killing these banks from providing services to cryptocurrency companies.
Caitlin Long added, "Trump won't have the ability to appoint new Federal Reserve governors until January next year, so signs of a potential big fight can be seen. If the Office of the Superintendent of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) overturn their anti cryptocurrency guidelines, and the Federal Reserve doesn't overturn them, what should the cryptocurrency industry do