Choke Point 2.0: Fact or fiction, crypto banking access set to change

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The story "Choke Point 2.0: Fact or fiction, crypto banking access set to change" was covered 12 hours ago by CoinGeek, a news publisher based in Canada.

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CoinGeek 12h ago

Choke Point 2.0: Fact or fiction, crypto banking access set to change - CoinGeek

Quick Summary:

With the U.S.set to welcome the return of Trump, digital assets laws have become a topic of debate, including the practice of debanking and how the Biden gov't used this to stamp out the crypto bros.The post Choke Point 2.0: Fact or fiction, crypto banking access set to change appeared first on CoinGeek.

The post argued that debanking was “a tool or weapon systematically wielded by specific political actors/agencies against private individuals or industries without due process.” The post cited “reports of regulatory authorities unlawfully wielding their power by placing undue influence on banks to drop clients in certain industries.

Capitol in Washington, D.C., Eric claimed that if it wasn’t for his family being shunned by traditional financial institutions, “I don’t think my eyes would have been as open to the crypto industry.