Anyone watching the US banking collapse, realizes that all US banks commingle funds, which is why they are struggling; they bet your money on long term bets, that tanked due to Biden's economic downfall and inflation.

They are also pushing this non-sense and unrealistic requirement of registered broker-dealers. Under this SEC rule they skipped meaningful public comment on, every crypto user is technically a broker-dealer. So are miners, node-operators, and software developers....if they so choose to fully enforce it. It technically makes and website accepting paypal a broker-dealer too, destroying all financial independence.

This works hand and hand with the decade+ long plan to partner with other countries and share all your data, financial information, employment information, and saving information, using an automated "atomic" system.

The US has "pledged" to do this with 42+ other countries currently.