Ripple CEO Brad Garlinghouse said that Citibank terminated his personal banking business due to his popularity in the crypto field. He criticized the Biden administration’s regulatory policies and believed that the industry was under tremendous pressure. He suggested that crypto startups should register outside the United States to avoid regulatory uncertainty.
https://www.coindesk.com/policy/2024/10/23/citibank-debanked-ripples-brad-garlinghouse-due-to-crypto-exec-says/?_gl=1n4wdvf_upMQ.._gaMTEyMDk2NjY4OC4xNzI5NzIwNjE5_ga_VM3STRYVN8*MTcyOTcyMDYxOS4xLjAuMTcyOTcyMDYxOS4wLjAuNTA2MTQ3NzA1