Blog: Opinion: Crypto can’t rely on the government to save it from itself – KTEN

“Prudential regulation, such as those applying to banks, would almost certainly have prevented many of the problems in our sector,” Caitlin Long, CEO of depository institution Custodia Bank, said in an interview. “Prudential capital requirements, investment restrictions, background checks on all executives, annual supervisory exams — all those things don’t apply to the crypto industry. They do apply to banks though.”

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