Banks should be required to protect 100% of deposits and should only engage in higher-risk activities if they raise separate capital from investors.

“I think the rational answer is that Banks need to protect a hundred percent of deposits and that if they want to have extracurricular activities if you will they need to be able to raise money from investors”

There is a concerted effort by various US government agencies to crack down on the cryptocurrency industry.

“I think it's hard to argue that there isn't a concerted effort now to crack down on crypto buy a wide variety of government agencies and authorities”