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Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services – TON BOT

Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services

Coinbase’s chief legal officer revealed letters from the FDIC urging banks to halt or avoid crypto-related activities. The letters, dubbed “pause letters,” cited concerns about regulatory requirements and the need for more information. This has sparked criticism and accusations of Operation Chokepoint 2.0 to stifle the crypto industry. Critics argue that these measures limit innovation in the US financial system.


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