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FDIC accused of omitting more crypto ‘pause letters’ in Coinbase-backed suit

[Jan 20 6:05 AM] Coinbase chief legal officer Paul Grewal accused the FDIC of playing “word games” after the agency said it only searched for pause letters from a specific time period.

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.

Trump-era policies may fuel tokenized real-world assets surge

[Jan 16 9:40 AM] RWAs are set to transform finance, with stablecoins, tokenized products and regulatory shifts in the US paving the way for 2025 growth.

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…

Federal Reserve bank regulator Michael Barr to step down

[Jan 7 1:07 AM] Fed’s Barr once said the Federal Reserve would “likely view it as unsafe and unsound for banks to directly own crypto-assets on their balance sheets.”

FDIC Releases Redacted Operation Choke Point 2.0 Letters

[Jan 7 12:30 AM] The letters serve as a damning indictment of the government’s alleged anti-crypto policies. How the FDIC Secretly Stifled Banks’ Crypto-Related Activities The Federal Deposit Insurance Corporation (FDIC), an entity originally formed to restore…

Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

[Jan 5 1:01 AM] Not investigating Operation Chokepoint 2.0 would create a dangerous precedent where regulatory bodies can suppress whoever they disfavor, Deaton stressed.

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.

Debanked: The Financial Suppression of Bitcoin Businesses Must End

[Dec 2, 2024 4:26 PM] We can't live in a world where somebody starts a company that's a completely legal thing, and then they literally [] get sanctioned [] and embargoed by the United States government through a completely unaccountable [process] by the way. No due…

'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.

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.

Good Riddance, Martin Gruenberg

[Nov 19, 2024 6:31 PM] Follow Frank on X. Martin Gruenberg, Chairman of the U.S. Federal Deposit Insurance Corp. (FDIC), announced today that he’ll be stepping down on January 19, 2025, one day before Trump takes office.I’d like to take this opportunity to tell Mr…

Kamala Harris’s Blockchain Comment Sparks Mixed Reactions in Crypto Community

[Sep 26, 2024 2:50 PM] Vice President Kamala Harris’s remarks on fostering technologies like artificial intelligence (AI) and blockchain have sparked plenty of chatter in the crypto community. While some see her words as encouraging and forward-thinking, others believe…

Biden admin deliberately killed off Silvergate to ‘decapitate’ crypto — Nic Carter

[Sep 26, 2024 5:03 AM] The now-bankrupt Silvergate Bank was forced to cap its crypto deposits at 15% under threat of being shut down by US regulators, claims Castle Island Ventures partner Nic Carter.

Kamala Harris may continue the Biden administration’s crypto crackdown

[Aug 13, 2024 2:46 PM] Harris is preparing to unveil plans about her economic policy in a mid-August speech. 

Tyler Winklevoss Warns Operation Chokepoint 2.0 Remains in Full Swing

[Aug 13, 2024 4:30 AM] Tyler Winklevoss, co-founder of U.S.-based exchange Gemini and VC firm Winklevoss Capital, has alerted about the ongoing status of Operation Chokepoint 2.0, a plan directed to difficult banking access to crypto companies. Winklevoss’ remarks…

NRA & Cantero In The Supreme Court: Implications for Operation Choke Point 2.0 and Custodia Bank

[May 31, 2024 10:01 AM] Yesterday, the Supreme Court of the United States issued two important cases which will likely have wide ranging impacts for Bitcoin and crypto. The decisions are National Rifle Association of America v. Vullo (NRA) and Cantero, et al. v. Bank of…

Anti-crypto FDIC chair Martin Gruenberg to step down — ‘best day ever’

[May 20, 2024 9:12 PM] Martin Gruenberg has faced criticism from Republicans and Democrats alike after an independent investigation revealed a range of workplace issues at the FDIC.

'Operation Choke Point 2.0' may have contributed to SVB collapse: Mulvaney

[Mar 21, 2023 8:49 PM] While the existence of "Operation Choke Point 2.0" has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side effects of such a policy.