Operation Choke Point 2.0: Crypto Not A Scrapegoat For Regulators-Led Banking Crisis

Operation Choke Point 2.0 — the Biden Administration’s highly coordinated plan with regulators to strangle the crypto industry by cutting ties with the banking sector is “real,” with sufficient evidence supporting it. CoinGape earlier reported that crypto-friendly banks such as Silvergate Bank, Signature Bank, and Metropolitan Commercial Bank would be the early targets of regulators to de-bank the crypto industry.