🚨 CHOKEPOINT 3.0: A16Z says big banks like JPMorgan are quietly squeezing crypto & jacking up fees and limiting access to banking rails.
🔹 Crypto firms report being cut off from basic services like wire transfers and ACH
🔹 Banks allegedly flag or delay fiat on/off ramps without clear reasons
🔹 Compliance hurdles and "de-risking" used to block access without formal bans
🔹 All while banks push their own token projects (JPM Coin, Onyx) and lobby against DeFi
This mirrors tactics from Operation Chokepoint 2.0, except now it's the private sector doing the gatekeeping.$XRP $BNB $SOL
