PANews reported on March 22 that according to Cointelegraph, Custodia Bank founder and CEO Caitlin Longing stated that it is too early to say that de-banking has ended. Currently, the Federal Reserve is reviewing two crypto-friendly banks and has sent a large number of inspectors to these banks, including inspectors from Washington, and this army is essentially strangling the banks' ability to serve crypto companies.
Caitlin Longing added: "Trump will not be able to appoint new Federal Reserve board members until next January, so signs of a potential major conflict can be seen. What will the crypto industry do if the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) overturn their anti-cryptocurrency guidelines, while the Federal Reserve does not?"