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Caitlin Long takes aim at The New York Times over crypto ‘alarm’



Caitlin Long takes aim at The New York Times over crypto ‘alarm’ article

Avanti Bank and Trust CEO Caitlin Long has posted a rebuttal to a recent New York Times article claiming that crypto and decentralized finance is “disrupting the banking industry” so fast regulators can’t keep up.

Disrupting traditional finance is exactly what crypto and DeFi aspires to do, but the piece titled “Crypto’s Rapid Move Into Banking Elicits Alarm (NASDAQ:) in Washington” published on Sept. 5 had a number of inaccuracies and omissions according to Long.

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