
Crypto debanking is not over until Jan 2026: Caitlin Long
According to blockchain regulatory advisers, efforts to debank the crypto industry may persist until January 2026, when Trump could appoint a new Federal Reserve Governor.
The cryptocurrency industry may still be facing debanking-related issues in the United States, despite the recent wave of positive legislation, according to crypto regulatory experts and industry leaders.
The collapse of crypto-friendly banks in early 2023 sparked the first allegations of Operation Chokepoint 2.0. Critics, including venture capitalist Nic Carter, described it as a government effort to pressure banks into cutting ties with cryptocurrency firms.
Despite numerous crypto-positive decisions from US President Donald Trump, including the March 7 order to use Bitcoin (BTC) seized in government criminal cases to establish a national reserve, the industry may still be facing banking issues.
Go to Source
Author: Zoltan Vardai
Related posts:
- NFTs and social capital: How projects are collaborating to the mutual benefit of the entire sector
- California regulator will revisit long-running ban on crypto donations on May 19
- Tether supply starts to increase after three-month decline
- Blur founder Pacman puts the NFT marketplace war into perspective