【Custodia Bank Founder: The True Test of the De-banking Executive Order is Whether Banks Will Be Forced to Resume Services for Cryptocurrency Companies】Caitlin Long, Founder and CEO of Custodia Bank, stated that Trump's de-banking executive order broadly defines "politicized/illegal de-banking," focusing on "legitimate business activities" rather than specifically mentioning cryptocurrency or any particular industry. This means that if a business complies with regulations in other respects, banks cannot refuse to provide services solely because it is a cryptocurrency company. The order's targets include not only cryptocurrency companies but also any legitimate business that may face political discrimination. At the same time, the true test of Trump's de-centralized banking executive order lies in whether banks that have canceled services for cryptocurrency companies will be forced to restore those services. Thus, the success of this executive order will depend on the actual effect of cryptocurrency companies being able to obtain banking services. If they restore our positions, then the executive order is successful.
