Operation Chokepoint 2.0

US Administration Terminates Operation Chokepoint 2.0, Easing Banking Restrictions on Crypto Firms

The Trump administration has officially ended Operation Chokepoint 2.0, a policy that significantly restricted access to banking services for cryptocurrency companies. This termination aims to prevent unfair debanking practices against legitimate businesses within the digital asset sector. It signals a… Read More »US Administration Terminates Operation Chokepoint 2.0, Easing Banking Restrictions on Crypto Firms

Coinbase Challenges FDIC Over Alleged Obstruction of Operation Chokepoint 2.0 Documents

Coinbase has initiated legal proceedings against the Federal Deposit Insurance Corporation (FDIC), accusing the regulator of deliberately obstructing access to critical documents concerning Operation Chokepoint 2.0. This regulatory initiative restricts banking institutions from servicing cryptocurrency-related businesses. The exchange alleges the… Read More »Coinbase Challenges FDIC Over Alleged Obstruction of Operation Chokepoint 2.0 Documents