đ OPERATION CHOKEPOINT 3.0 ALERT
Alex Rampell of a16z warns that major U.S. banks are rolling out âOperation Chokepoint 3.0â, charging exorbitant fees and restricting data access to strangle crypto and fintech rivals. This pushback only underscores cryptoâs rising mainstream potential and the urgent need for open banking competition đ
â **Why this matters for crypto bulls:**
Regulatory spotlight escalating: U.S. lawmakers and industry leaders are calling for enforcement of DoddâFrank Section 1033 to defend consumer and developer access rights
Political momentum: The incoming administration is preparing executive action to overturn the cryptoâdebanking playbook of Operation Chokepoint 2.0, highlighting renewed support for digital assets $SPK $XRP
Bull Case: These systemic pressures signal that crypto infrastructure is now politically and economically significantâexpect heightened regulatory clarity, broader banking access, and a stronger foundation for institutional inflows. #Ethereum #CFTCCryptoSprint #Binance