Caitlin Long, the founder and CEO of Custodia Bank, spoke to Benzinga about the future of cryptocurrencies, particularly Bitcoin. She emphasized that the cryptocurrency market is still in a phase requiring further refinement and maturation, drawing parallels to the tech bubble. Long also addressed concerns related to criminal activity in the sector, stating that the industry is working with law enforcement to clean up the space. She also mentioned the bankruptcy of cryptocurrency trading platform FTX.