Trump's crypto moves could upend the public payment network

Quick Take

  • Custodia Bank CEO Caitlin Long shed light on the state of crypto banking and explained how Trump’s crypto moves could lead to an upending of the public payment network.

Episode 5 of Season 7 of The Scoop was recorded with The Block's Frank Chaparro and Custodia Bank Founder and CEO Caitlin Long.

Listen below, and subscribe to The Scoop on YouTube, AppleSpotifyGoogle PodcastsStitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]


The Scoop's host, Frank Chaparro, was joined by Custodia Bank Founder and CEO Caitlin Long.

In this episode, Chaparro and Long discussed the state of crypto banking, the potential restructuring of regulations under the Trump administration, and the Federal Reserve's stance on crypto.

OUTLINE
00:00 Introduction
1:39 Powell’s crypto remarks
3:02 Custodia and the Fed
7:19 Trump’s crypto executive order
8:34 Banks’ path to crypto custody
12:12 12 month forecast
17:51 State of crypto banking
24:34 The Crypto Vote
30:15 Trump’s meme coin
32:50 Privatising fed wire
38:40 Crypto in Wyoming
41:25 Closing thoughts


GUEST LINKS
Caitlin Long - https://www.linkedin.com/in/caitlin-long-/
Caitlin Long on X - https://x.com/CaitlinLong_

Custodia Bank - https://custodiabank.com/
Custodia Bank on X - https://x.com/CustodiaBank

 


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© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Jordan Leech is a Berlin-based Editorial Intern at The Block. He has worked for several years as a broadcast journalist, camera operator, and producer before aiming to get established working in the crypto industry. Jordan holds a degree in Philosophy and Political Science from the University of Guelph and is an avid photographer and traveller in his free time.

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