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 shift towards providing a more stable banking environment for crypto firms, allowing them to operate with greater access to essential financial infrastructure.
The move is expected to benefit the broader cryptocurrency industry by reducing operational hurdles. Observers anticipate that improved banking relationships could foster a more supportive financial ecosystem, potentially positively impacting major digital assets including Bitcoin and Ethereum.