Crypto's Banking Problem: Industry Needs Access, But US Regulators Keep Digital Assets at Bay

“Obviously a couple people have gotten into trouble, but [regulators] aren’t saying, ‘Hey, you can’t bank these clients, they’re verboten,” Butler said. “They’re definitely trying to ring-fence it … but I think there’s a little bit of a difference, and a different sort of underpinning to the actions than there was in the Operation Choke Point situation.”