---
title: "The SEC and the Fed are trying to bar the exits in the US as well.  …"
date: 2023-05-06
source: twitter
tweet_id: "1654760463618674689"
original_url: "https://x.com/i/web/status/1654760463618674689"
---

# The SEC and the Fed are trying to bar the exits in the US as well.  …

*May 6, 2023 · Twitter/X*

The SEC and the Fed are trying to bar the exits in the US as well. That\'s why even 108% reserve banks such as [\@CaitlinLong\_](https://x.com/CaitlinLong_){target="_blank" rel="noopener noreferrer"}\'s Custodia bank are denied Federal Reserve approval. [https://x.com/coinbureau/status/1654756638555881472](https://x.com/coinbureau/status/1654756638555881472){target="_blank" rel="noopener noreferrer"}