FDIC’s “Operation Choke Point 2.0” Exposed: A Turning Point for Cryptocurrency Banking? Imagine waking up to find your bank account frozen, not because of any wrongdoing on your part, but because you dared to engage with cryptocurrencies. This nightmare scenario became a reality for many crypto clients, thanks to what’s been called “Operation Choke Point […]
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US Senate Tackles Debanking: A Threat to Crypto and Free Enterprise The US Senate Committee on Banking, Housing, and Urban Affairs recently held a hearing titled “Investigating the Real Impacts of Debanking in America,” focusing on the alarming trend of financial institutions denying services to crypto businesses and individuals based on their political beliefs. This […]
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US Senate Hearing Set to Tackle Crypto Debanking: Key Witnesses and Allegations On February 5, 2025, the US Senate will confront the pressing issue of debanking, particularly within the cryptocurrency sector, during a hearing led by the Senate Banking Committee. This session will explore whether banks are cutting off accounts due to regulatory pressure or […]
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