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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Coinpedia Fintech News on April 27, 2023, 01:52:31 PM

Title: US House Investigates Operation Choke Point 2.0 Over Fears of Crypto De-Banking
Post by: Coinpedia Fintech News on April 27, 2023, 01:52:31 PM
US regulators are facing increased scrutiny over potential efforts to de-bank the cryptocurrency market. House Financial Services Committee Republicans have accused SEC Chair Gary Gensler of inappropriate enforcement strategies and regulatory agendas. Lawmakers are now investigating coordinated efforts to restrict banking services for digital asset firms, arguing that digital asset activity is not inherently risky and should not lead to de-banking. This development could have significant implications for the future of cryptocurrency regulation in the United States.