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Congress Panel Probes Crypto Debanking Amid Industry Uproar

[Jan 27 3:30 AM] The House Oversight Committee is investigating claims that banks are shutting out crypto firms and individuals, citing political bias and regulatory overreach as key concerns. House Committee Investigates Whether Banks Are Quietly Crushing Crypto…

Senator Lummis claims FDIC destroyed Operation Chokepoint 2.0 docs

[Jan 16 9:57 PM] "You must ensure your staff cease and desist destruction of all materials and end retaliatory actions immediately," Lummis wrote.

FDIC Vice Chairman Denounces ‘Choke Point-Like’ Tactics

[Jan 13 10:45 PM] The comments were part of a speech on Friday titled “Charting a New Course.” Did the FDIC Just Confess to Crypto Debanking? Federal Depositary Insurance Corporation (FDIC) Vice Chairman Travis Hill delivered a speech on Friday condemning the…

So-Called ‘Debanker-in-Chief’ Michael Barr Resigns Ahead of Trump’s Inauguration

[Jan 7 7:30 PM] Barr has served as the Fed’s vice chair for supervision since July 2022 and was widely regarded as one of the chief architects of Operation Choke Point 2.0, an alleged government effort to undermine the crypto industry. Fed Board Member Michael…

Crypto Hedge Funds Are Quietly Getting Debanked, Survey Shows

[Dec 23, 2024 7:30 AM] Coinbase’s Chief Legal Officer issued a rallying cry to the industry, demanding answers after the survey results were published. Operation Chokepoint 2.0 Targets Crypto Hedge Funds Three quarters of 160 crypto hedge funds polled, reported…

Relationship building is a hedge against debanking — OKX exec

[Dec 21, 2024 4:18 PM] Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities.

Ledn co-founder shares how crypto startups can avoid debanking

[Dec 18, 2024 8:31 PM] Crypto founders have reported losing business accounts, with personal accounts also subject to debanking.

'Government has become addicted to indirect regulation' — Ripple CTO

[Nov 30, 2024 4:42 PM] In a recent Joe Rogan interview, Mark Andreesen revealed that the debanking of tech firms caused the Silicon Valley shift toward Trump.

Marc Andreessen’s Bombshell on Joe Rogan Spurs ‘Debank the Banks’ Discussion

[Nov 30, 2024 3:30 PM] The momentum from Andreessen Horowitz co-founder Marc Andreesen’s recent revelations about debanking has been unstoppable, sparking a fiery discussion urging people to step away from traditional financial institutions. Debanking Unmasked: Podcast…

Crypto founders share debanking stories during ‘Operation Chokepoint 2.0’

[Nov 28, 2024 1:59 PM] Frax Finance was allegedly among the crypto companies targeted by the debanking effort, according to the platform’s founder.

Crypto Company Founders Expose Widespread ‘Debanking’ Orchestrated by Financial Titans Under Political Pressure

[Nov 28, 2024 1:43 PM] Marc Andreessen’s chat with Joe Rogan set off a viral response from the crypto world, with many industry enthusiasts and startup founders recounting their own run-ins with being debanked by financial institutions. This exchange quickly…

Australia's Bendigo Bank blocks high-risk payments to crypto exchanges

[Jul 30, 2023 11:03 PM] Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges.

Buying a bank won't solve crypto's debanking issue: Binance CEO

[May 29, 2023 11:15 PM] CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank.

Binance Australia partner hints at rising ‘scams’ after debanking exchange

[May 18, 2023 6:57 PM] Cuscal, the company that handles the Australian dollar on- and off-ramping for the exchange, declined to comment specifically on why it decided to pull support for Binance Australia.