Nothing has changed in US Cripto Banking because Trump returned: Caitlin Long

The American government has done “Nothing” to deal with the problems with the crypt, because US President Donald Trump returned to the White House, according to Caitlin Custodia Bank.

Speaking on stage in Ethdenwe 28. February Long said Although “perception that there was loose, none of the federal banking agencies overturned any of the crypts’ guidelines.”

“It is still assumed to be insecure and insecure that the bank would touch digital property even in the amount of minimis,” she said a long time, while “nothing” has changed.

“It will change, no doubt, but Trump has not yet suggested (nothing).”

The Cyristerial Banks General Said that the White House must appoint a new chair to keep the deposit insurance corporation, which has long said To a great extent confronted by developing With technological changes for the best part 15 years under the leadership of Martin Gruenberg.

“That’s why the banking system is so back in this country, because we had someone who was not interested in any changes in the last 15 years.”

Gruenberg, who replaced the acting chairs of Travis Hill 20. January, was charged that one of the key orchestrators “Operation Chokepoint 2.0” – allegedly Federal efforts to debine crypto Companies.

He long acknowledged that it was Securities and exchange office commission He did “Massive 180” on his crypt policy – and he is waiting for a similar shift in banking regulations.

Related: Changing the political landscape brings huge cryptocks – American tail. Steil

One day after US President Donald Trump opened 20. January, SEC founded a CRIPTO WORKING GROUP He was led by the SEC Hester Peirce Commissioner to support this new approach.

Sex is a specially canceled controversial rule, accounting staff, it was a requested financial firms that hold Cripto to record them as obligations on their balance sheets.

Long hopes and that now goes through Long Expected Legislation about StableKoin He soon wants to see stronger consumer protection in place – especially, which can be ensured that banks give cash.

“The average bank in the United States currently has 8 cents in cash against every $ 1 pompressile … It is essentially unstable and basically susceptible to the bank.”

“And in the crypt industry, I think we learned that the business model doesn’t work,” Long, he said, stating Silvergate Bank Coupse.

To adequately protect consumers, statements of stablecoin must be forced to keep cash to return the responsibility of Stablecoin.

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