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Operation Chokepoint 2.0: US Lawmakers Investigate Debanking Of Crypto Companies Coingape 24 Jan 2025

Operation Chokepoint 2.0: US Lawmakers Investigate Debanking Of Crypto Companies 🇺🇸

The US government under President Joe Biden has been accused of suppressing the cryptocurrency industry via a process termed "Operation Chokepoint 2.0." This debanking initiative has sparked concerns among industry experts and lawmakers.

With Donald Trump's potential re-election, the crypto sector anticipates major reforms that could witness the US banking industry embracing cryptocurrencies. US lawmakers have focused on perceived regulatory overreach by the current administration, aiming to address the situation.

Source: coingape.com ↗

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