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Crypto Debanking is not finished until Jan 2026: Caitlin Long


The cryptocurrency industry can still face debanking -related issues in the United States, despite recent waves of positive law, according to crypto regulation experts and industry leaders.

The fall of banks that are friendly to crypto in early 2023 provoked the first allegations of Operation Chokepoint 2.0. Critics, including venture capitalist Nic Carter, described it as a government effort that Pressure banks in cutting ties In cryptocurrency companies.

Despite many decisions positively in crypto from US president Donald Trump, including March 7’s command to use Bitcoin (Btc) seized in cases of criminal government to establish a national reserveThe industry can still face banking issues.

“It was earlier said that debanking was over,” said Caitlin Long, founder and CEO of the Custodia Bank. Long said during the cointelegraph CHAINREACTION DAY -DAW X Show on March 21:

“There are two banks that are friendly crypto under the Fed review today and an army of reviewers has been sent to these banks, including reviewers from Washington, a literal army that just drops banks.”

Source: Cointelegraph

“The Fed is the outlier and the Fed is still controlled by Democrats,” Long explained, adding:

“Trump will not have the ability to appoint a new Fed governor until January. So you will see the bread leading to a potential battle. Because if OCC and FDIC revoked their anti-crypto guide but the Fed would not, where did it leave us?”

Long’s Custodia Bank has repeatedly targeted US efforts, worth the firm Month of Work Month and “Million Dollars,” he explained.

The anger of the industry in the alleged Deban landed on a crescendo When a June 2024 Coinbase -led lawsuit resulted in the release of letters showing us banking regulators asked some financial institutions to “I -Pause” crypto banking activities.

Related: FDIC Chair, ‘Architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign on January 19

Crypto Debanking is the biggest operational problem with the EU: Blockchain Regulation Adviser

Cryptocurrency Debanking is also among the biggest challenges for European Cryptocurrency Firms, according to Anastasija Plotnikova, co-founder and CEO of blockchain regulatory firm Fideum.

“We live in 2025 and Deban is still one of the major operational issues for both small and large crypto companies,” Plotnikova said, and added:

“Crypto Debanking is also a problem here in the EU. I closed my accounts in 2017, 2018, 2019, 2021, and 2022, but 2024 is a good year. Running these problems exists for both users and crypto companies running.”

Related: Paolo Ardoino: competitors and politicians aim to ‘kill tether’

Comments arrived two weeks after the US office of the Comptroller of the Currency (OCC) eased its stance on how banks would contact Crypto just hours after US president Donald Trump swore to end up The long -term cracked that restricts the access of crypto companies to banking services.

Trump’s statements are Made during the White House Crypto SummitWhere he told the leaders of the industry he was “ending the Operation Chokepoint 2.0.”

Source: Elon Musk

At least 30 Tech and Crypto founders is “secretly debanked” In the US during Operation Chokepoint 2.0, Cointelegraph reported in November 2024.

https://www.youtube.com/watch?v=jmqj01_zka8

Magazine: SEC U-Turn to Crypto leaves key questions that are not answered