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Congressional Subcommittee to investigate Operation Chokepoint 2.0’s impact on crypto – TON BOT

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Congressional Subcommittee to investigate Operation Chokepoint 2.0’s impact on crypto

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The Subcommittee on Oversight and Investigations will hold a hearing titled “Operation Choke Point 2.0: The Biden Administration’s Efforts to Put Crypto in the Crosshairs” on Feb. 6. It will examine the impact of regulatory actions on the crypto industry, assess the effects on firms and employees, and discuss necessary policy measures. Witnesses include Coinbase’s chief legal officer and Marathon Digital’s CEO. Critics claim the Biden Administration’s actions have targeted the crypto sector, potentially restricting access to financial services. The House Committee on Oversight and Government Reform has requested evidence from multiple crypto firms about being denied banking services.

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