๐ซ Debanking: A Hidden Threat to Crypto & Businesses?
Over the years, many companies claim theyโve been unlawfully denied access to banking services.
From gun manufacturers to fossil fuel firms, critics say some industries are being targeted for ideological reasons โ cut off from financial lifelines without clear justification.
Crypto hasnโt been spared either. During the 2022 bear market, several industry voices accused U.S. regulators of waging a silent war on the sector. The term โOperation ChokePoint 2.0โ began circulating โ a supposed effort to push crypto companies offshore by quietly choking their access to banks.
Is this regulation or discrimination? ๐ค
For the crypto world, the answer could decide whether innovation thrives locally or flees overseas. ๐๐ฑ