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Custodia Bank CEO Calls Out FSOC Over Crypto "Concentration Risk" Claim

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Caitlin Long , the Founder and CEO of Custodia Bank , has flagged a new position by the Financial Stability Oversight Council (FSOC) Long commented directly on a new report from the FSOC regarding the “concentration risks” associated with the crypto industry.

She said the regulators’ anti-crypto dragnet has forced many banks to subtly debank crypto firms.

She also called out the disregard for state regulation of stablecoin issuers.