Coinbase Urges US Regulators To Remove Crypto Banking Barriers In New Letter – Report

Quick Summary:

Recent reports claim that Coinbase is seeking clarity on the status of banking services related to crypto.

In a letter, the exchange allegedly urged US regulators to confirm whether banks can offer services to crypto businesses.

This move comes before the US Congress hearing regarding "Operation Chokepoint 2.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: HungarySwitzerland

Topics: Crypto News Bitcoin Donald Trump Crypto Regulations US SEC Paul Grewal Coinbase CLO US Regulators BTCUSDT Trump administration Operation Choke Point 2.0 Coinbase Btc Crypto crackdown US Congress

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 10:30:14 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 564 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25907452

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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