Operation Chokepoint
JPMorgan and Strike CEO Jack Mallers Go Silent, Leaving 'Debanking' Questions Unanswered
For now, Jack Mallers decided to not comment any further and JPMorgan declined to explain why it debanked the CEO of a company very similar to newly launched JPM Coin.
U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues
The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto activity.
New White House Order Could Punish Banks for Dropping Customers Over Beliefs
The order aims to stop "debanking", the practice of denying financial services for ideological reasons.
‘Chokepoint 3.0’ Has Arrived? a16z Warns of Anti-Crypto Bank Tactics
This tactic could strangle competition by making it more costly for users to transfer funds to alternative platforms, a16z's general partner argued.
U.S. Federal Reserve's New Supervision Chief Will Wield Crypto Authority
Whether it's crypto's access to banking or the issuance of stablecoins, new Fed supervision chief Michelle Bowman will have a say.
Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draper
Bitcoin will go to “infinity against the dollar because there won’t be a dollar,” AI and genetics will help humans communicate with animals, he told CoinDesk.
FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals
The U.S. banking agency withdrew policies that contributed to crypto industry accusations that it pressured institutions to "debank" digital assets customers.
ConsenSys Twice Hit by Operation Chokepoint, CEO Lubin Credits Bank for Fighting Back
The MetaMask creator survived by having redundant backup accounts, said Lubin, who was also personally targeted.
Crypto's Senate Ally Lummis Pushes Federal Agencies on Digital Assets Issues
Senator Cynthia Lummis, set to lead the Senate Banking Committee's digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking.
US Regulator Seeks End to Bank Deplatforming of 'Disfavored' Industries (Like Crypto)
Call it the CPR for Operation Choke Point.
