Custodia Bank CEO: U.S. government officials deliberately restrict digital asset companies from accessing banking services

Odaily News Caitlin Long, CEO of Custodia Bank, harshly criticized the U.S. government for its inaction on de-banking cryptocurrencies. She said officials are deliberately restricting digital asset companies from accessing banking services. As the U.S. government is closely monitoring financial institutions working with the cryptocurrency industry, many U.S. cryptocurrency companies are having difficulty maintaining ties with banks, and regulators are deliberately not taking action, hindering the creation of new ideas and forcing companies to go overseas. (financefeeds)