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š”ļø Operation Choke Point 2.0: how banks are taking the breath away from crypto (and what to do about it)
Imagine: you are a crypto project, you have everything for a start, but the bank says 'we donāt work with you' ā and this is no joke. This is how a new crypto conspiracy theory emerged: Operation Choke Point 2.0.
š§© What is this story about?
š After banks closed accounts of over-the-counter lenders and payment processors in the past, they are now starting to close them for working with crypto ā unofficially for years, but massively. The FDIC, Fed, and OCC are reportedly putting silent pressure on the banks.
š§© What is this story about?
š After banks closed accounts of over-the-counter lenders and payment processors in the past, they are now starting to close them for working with crypto ā unofficially for years, but massively. The FDIC, Fed, and OCC are reportedly putting silent pressure on the banks.
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