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Benzinga
Benzinga
Business
Murtuza J Merchant

Caitlin Long Lauds The Fed's Crypto Shift, But There's A Twist

Caitlin Long Crypto Custodia US Federal Reserve United States
Headquarter,Of,The,Federal,Reserve,In,Washington,,Dc,,Usa,fed,,Cyanotype

The Federal Reserve's recent decision to end its "novel activities" supervision program marks a turning point in U.S. oversight of digital assets, according to Caitlin Long, founder and CEO of Custodia Bank.

What Happened: Speaking at the Wyoming Blockchain Symposium in Jackson Hole, Long said the change underscores "a thawing but not yet melted" shift by the Fed toward crypto.

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