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U.S. Banking Regulator Gould Confirms Crypto Debanking Crisis ’Is Real’ - Here’s What You Need to Know

U.S. Banking Regulator Gould Confirms Crypto Debanking Crisis ’Is Real’ - Here’s What You Need to Know

Author:
Coindesk
Published:
2025-09-10 14:31:51
17
2

Top U.S. Banking Regulator Gould Says Crypto Debanking 'Is Real'

Federal banking watchdog sounds alarm on systematic exclusion of crypto firms from traditional financial services.

THE CRACKDOWN GOES MAINSTREAM

Senior U.S. regulatory official Michael Gould breaks silence on what industry insiders have whispered for years—banks are shutting out digital asset companies with surgical precision. No warnings, no explanations—just frozen accounts and severed banking relationships that threaten to cripple innovation.

THE UNSPOKEN BANKING BAN

While regulators pay lip service to technological progress, traditional financial institutions execute quiet countermeasures. Compliance departments weaponize 'risk assessment' protocols to reject crypto businesses—because nothing says 'prudent banking' like refusing deposits from legally operating companies.

INNOVATION FIGHTS BACK

Decentralized finance protocols already bypass gatekept systems—processing billions without asking permission. Traditional finance's loss becomes crypto's gain as institutional capital floods into on-chain solutions that never sleep, never freeze assets, and certainly never demand paperwork in triplicate.

The irony? Banks protecting their turf might just accelerate their own irrelevance—because when you debank the future, the future builds better banks.

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