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“Events of the last six months have put a damper on entities wanting to bank this space [crypto],” said another panelist, Richard Booth, chief compliance officer of Fortress Trust Company. “But it’s legal business and I think that every business in this country is entitled to access to banking rails,” he added, noting that “the regulation I think needs to be matured. Congress has clearly advocated what they’re supposed to be doing and the regulators are struggling to keep up.”
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