4 Comments

  1. coinfeeds-bot on

    tldr; Coinbase’s chief legal officer, Paul Grewal, released unredacted FDIC letters showing the agency urged banks to avoid offering basic Bitcoin services. These ‘pause letters’ suggest a coordinated effort to limit crypto activities, from simple BTC transactions to complex offerings. The documents were obtained through a Freedom of Information Act request by Coinbase, seeking clarity on a rumored deposit cap for crypto-friendly banks. Grewal calls for congressional hearings, alleging these actions are part of ‘Operation Chokepoint 2.0’ to restrict crypto industry growth.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. GreedVault on

    They really try hard not to miss a single chance to attack the crypto industry.

  3. proud_landlord1 on

    There where campaigns for horses once the first cars were on the streets, claiming that the horse still would be a better deal rather then a car…
    Guess we all know how that story ended…

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