The United States government did not “nothing” to address the encryption issues that US President Donald Trump returned to the White House, said Caitlin Long, CEO of Custodia Bank.
He speaks on the stage at Ethdeenver on February 28 He said While “the perception is that there was a mitigation, none of the federal banking agencies has already canceled any of the anti -crying directives.”
“The bank is still supposed to touch one of the digital assets even in the minimum amount,” Long said while saying that “nothing” has changed.
“This will change, undoubtedly, but Trump did not suggest [anything] yet.”
Caitlin Long speaks at Ethdeenver in Denver, Colorado on February 28. Source: Ethdeenver
Al -Siddiq CEO of Al -Siddiq Cevage said that the White House needs to appoint a new chair to lead the Federal Deposit Insurance Corporation, which has long said that it has been greatly opposed to the development of technological change of the best part of 15 years under Martin Groenberg’s leadership.
“This is why the banking system has been declining in this country, because over the past fifteen years, we have had someone who is not interested in any change.”
On January 20, Grueneberg, on January 20, was one of the main orchids of the “CokkePoint 2.0” – an alleged federal effort for Debank.
It has long admitted that the Securities and Stock Exchange Committee had “180 huge” in the encryption policy – and are waiting for a similar shift in banking organization.
Related to: Changing the political scene brings a huge encryption opportunity – the United States, Representative Steel
One day after the opening of US President Donald Trump on January 20, the Securities and Stock Exchange created a coding workplace led by SEC Hester People Commissioner to support this new approach.
SEC is significantly canceled a controversial base, which is the 121st employee account point, which asked Crypto financial companies to register as opponents on their public budgets.
It has long hoped that the United States will pass through the long-awaited Stablecoin legislation soon, but it wants to see the protection of a stronger consumer that exists-the most prominent of them, making sure that the banks are holding them.
“The ordinary bank in the United States is now carrying 8 cents for all deposits of the request … This is mainly unstable and mainly offered to the banking run.”
“In the encryption industry, I think we have learned that the business model does not work,” said Long, citing the collapse of Silvergate.
Long said it is necessary for Long Long that Stablecoin’s exporters should have to protect consumers adequately, Stablecoin’s exporters should be forced to keep cash to support Stablecoin’s commitment.
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