U.S. Lawmakers are actively challenging ‘Operation Chokepoint 2.0’ to restore banking access for the crypto industry. Senator Cynthia Lummis is a key figure in the movement against alleged regulatory overreach affecting crypto businesses.
Documents released by the FDIC expose a campaign to limit banking services for crypto-related firms, raising transparency issues. Critics argue that existing banking restrictions hinder financial innovation, pushing crypto companies to seek alternatives abroad.
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