FDIC welcomes crypto banking ahead of Congress show trials

Quick Summary:

The 790-page FDIC document is seen as a proof that the debanking of entities, known as Operation Choke Point 2.0, was real and not just some made up story.

The post FDIC welcomes crypto banking ahead of Congress show trials appeared first on CoinGeek.

Getting back to that massive FDIC document dump, the usual suspects were out in force, making claims that the trove was proof positive that Choke Point 2.0 was real and not simply a ghost story told around a fire at Crypto Bro Summer Camp.

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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaNorth Korea

Topics: Stephen Gannon Cynthia Lummis Elizabeth Warren Paul Grewal Nathan McCauley Davis Wright Business United States Senate Banking Committee Banks Federal Deposit Insurance Corporation Coinbase Travis Hill Custodia Bank Mike Ring Anchorage Digital Aaron Klein Operation Choke Point 2.0 Debanking

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 12:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 2095 words

Reading Time: 12 minutes read

Sentences: 71 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © CoinGeek

News ID: 25926037

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