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Crypto Debanking and Efforts to ‘Weaponize Finance’ Must End, Says Top US Banking Regulator – Decrypt
In brief The OCC found that nine major national banks restricted or denied services to lawful businesses, including crypto firms, based on industry type rather than financial risk. The findings revive concerns about “Operation Choke Point 2.0,” with critics claiming regulators informally discouraged banks from serving digital asset companies. Comptroller Jonathan Gould said the agency...
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