Caitlin Long, founder and CEO of Custodia Bank, warns that the cryptocurrency industry in the U.S. continues to face banking challenges, potentially lasting until January 2026. This is linked to the ongoing investigation of two crypto-friendly banks by the Federal Reserve. Despite positive legislative efforts attributed to U.S. President Donald Trump, such as orders regarding Bitcoin, Long emphasizes that the Federal Reserve remains a significant barrier. Her firm has experienced significant setbacks due to these regulatory pressures. Furthermore, the EU also grapples with similar debanking issues, affecting both small and large crypto firms. Anastasija Plotnikova of Fideum notes that debanking has been a persistent challenge across multiple years. This situation reflects ongoing tensions within the financial regulatory landscape, specifically relating to crypto banking activities.

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