Crypto Bank Custodia Plans More Layoffs Amid Intense Regulatory Scrutiny

Wyoming-based crypto bank Custodia is reportedly deliberating more layoffs as it braces for ongoing regulatory scrutiny under the Biden administration. The decision comes as the crypto sector faces unprecedented challenges, including de-bankings and increasing pressure from US regulatory agencies. Meanwhile, cryptocurrency market participants remain hopeful of a better regulatory environment... source: https://beincrypto.com/pro-crypto-custodia-bank-layoffs/