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All eyes are on the Strait of Hormuz as Tehran considers how it will respond to the U.S. bombing of Iran’s nuclear facilities over the weekend. While Iran’s military capabilities have been degraded by punishing Israeli airstrikes that began a week and a half ago, the Islamic republic retains significant leverage elsewhere. A top target … Read more
Few would now dispute that crypto businesses had trouble accessing financial services in the US—the anecdotes are too many. But it remains for Congress to firmly establish why. While Trump and other politicians have spoken in terms that imply the Operation Chokepoint 2.0 theory has been proven categorically, no smoking gun—whether documentary evidence or insider … Read more
Key Takeaways The FDIC pressured banks to limit involvement with crypto activities. The FDIC issued pause letters to halt crypto services at banks. Share this article The Federal Deposit Insurance Corporation (FDIC) released documents revealing extensive pressure on banks to limit their involvement with crypto-related activities, according to newly published records. 
THE FDIC JUST DID … Read more
Key Takeaways GOP House launches ChokePoint 2.0 investigation, targeting crypto debanking and allegations of regulatory overreach. Influential tech leaders have been requested to provide information on potential regulatory pressures from federal agencies. Share this article The GOP-led House Oversight Committee has launched an investigation into allegations of unlawful debanking practices targeting crypto companies and tech … Read more
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