According to PANews, venture capitalist and a16z co-founder Marc Andreessen revealed on the Joe Rogan podcast that the US government had pressured banks to close accounts related to industries such as cryptocurrency. This issue was brought to light during a hearing by the House Financial Services Committee, where member French Hill expressed concern and pledged to continue examining the matter in the coming year.
During the hearing, Denelle Dixon, CEO of the Stellar Development Foundation, and Nathan McCauley, CEO of Anchorage Digital, both confirmed experiencing direct service cut-offs from banks. Hill emphasized that in the United States, legitimate businesses should have the freedom to access banking services. Notably, newly elected President Trump has promised to end measures referred to in the industry as 'Operation Choke Point 2.0,' signaling a more favorable stance towards the cryptocurrency sector.