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Consensus Conversations: Crypto Banished From the Banking System?

A Consensus 2023 panel with Caitlin Long, Richard Booth and Oliver von Landsberg-Sadie.

May 26, 2023

The demise of three crypto-friendly banks, along with not-so-subtle pressure from U.S. regulators, exacerbated a longstanding problem. Ever since the early days of bitcoin, startups in the field struggled to obtain or keep basic bank accounts as traditional financial institutions feared regulatory and reputational consequences from associating with anything “crypto”-coded. Industry veterans discuss this perennial challenge and possible solutions.

Michael Casey, CoinDesk’s chief content officer, moderates alongside panelists:

  • Richard Booth, chief compliance officer of Fortress Trust Company
  • Oliver von Landsberg-Sadie, founder and CEO of BCB Group
  • Caitlin Long, founder and CEO of Custodia Bank

This episode is executive produced by Jared Schwartz and edited by Ryan Huntington, with additional production assistance from Eleanor Pahl. Cover image by Kevin Ross and the theme song is "Get Down" by Elision.