Elizabeth Warren Could Restart Crypto Banking Restrictions Without New Legislation
(21 hours ago) · 1 source · Summarized by CryptoBipto
Senator Elizabeth Warren may be positioned to reopen efforts to restrict crypto companies' access to banking services without needing to pass new laws. The approach would rely on existing regulatory authority and agency guidance rather than legislative changes. This echoes earlier concerns about so-called 'Operation Choke Point 2.0' that crypto firms have raised in recent years.
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For people new to crypto, this story is about something fundamental: whether crypto companies can use regular banks.
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SOURCES
- cryptoslate.com
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