Economy / FinanceRomeo Full Staff

Sun. AM-PM Seeds of Wisdom Crypto Update(s) 12-8-24

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Seeds of Wisdom COINBASE REVEALS LETTERS WHICH EXPOSES FDIC’S ROLE IN OPERATION CHOKEPOINT 2.0 Coinbase reveals FDIC “pause letters”, showing efforts to restrict crypto banking services. Documents support Operation Chokepoint 2.0 claims. Coinbase obtained FDIC “pause letters” revealing efforts to limit banking access for crypto firms in 2022 through FOIA requests. FDIC’s communications showed deliberate delays and questions aimed at halting crypto-related banking activities, fueling “Operation Chokepoint 2.0.” Crypto industry leaders argue government actions restrict legal crypto businesses’ access to banking services. Coinbase, one of the largest crypto exchanges in the U.S., has made public a series of documents that…

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