There is no indication that any U.S federal or state government agency, regulator, or law enforcement agency has taken this position or has indicated that it plans to do so. Moreover, on July 22, 2020, the US Office of the Comptroller of the Currency published a letter clarifying national banks’ and federal savings associations’ authority to provide cryptocurrency custody services for customers, so it appears as the bank regulators are gaining comfort with cryptocurrency. Nevertheless, if the program cannot continue, it would be shut down in an orderly way, and NYDIG would seek to redeem out your Bitcoin at the market price to the extent it can do so legally.
