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Fed's Operation Choke Point 2.0 Continues With Action Against Customers Bank

source-logo  coingape.com 09 August 2024 09:23, UTC

As the US Federal Reserve cracked down on crypto-friendly Customers Bank on Thursday, Gemini crypto co-founder Tyler Winklevoss said that this is nothing but Operation Choke Point 2.0. While on one hand, the Harris administration is trying to bridge gaps with the crypto industry, the Fed acts exactly the opposite. Operation Choke Point refers to US regulators using financial censorship to pressure the crypto industry.

coingape.com