Calling it a “big win for crypto,” the White House crypto czar cheered regulators’ decision to scrap debanking rules that stifled lawful …
Debanking
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Smart Contracts
Australia Unveils New Crypto Regulations, Pledges Action on Debanking
by shayaanby shayaanThe Australian government, under Prime Minister Anthony Albanese, has outlined a new regulatory framework for digital assets, with the aim of offering …
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Regulation
Trump Plans to Sign Executive Order Ending Biden-Era Crypto Debanking
by shayaanby shayaanPresident Donald Trump plans to sign another cryptocurrency-related executive order, possibly as soon as this week, that takes aim at anti-crypto policies …
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Anchorage Digital CEO Nathan McCauley took the stand earlier this month at a Senate hearing with one message—his crypto bank was cut …
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Regulation
Wall Street CEOs arrive at Washington to fix crypto debanking at the Hill
by shayaanby shayaanAmerica’s most powerful banking executives have arrived in Washington for a high-stakes roundtable with senators on Capitol Hill, where debanking—the widespread closure …
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Markets
Fed's Powell Says He's Also Worried About Debanking That Strained U.S. Crypto
by shayaanby shayaanWhen confronted by members of the Senate Banking Committee about concerns over the “debanking” trend plaguing the crypto industry, Federal Reserve Chairman …
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It was a busy week in crypto featuring important product launches, fevered debate around Ethereum, movement on stablecoin legislation, and high-profile Congressional …
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The chief lawyer of U.S. crypto exchange Coinbase (COIN) testified about the abuse of authority from regulators who erected barriers between banks …
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Analysis
FDIC Unseals 175 Documents Exposing US Banks Debanking of Crypto Firms
by shayaanby shayaanThe Federal Insurance Deposit Corporation (FDIC) is unsealing hundreds of documents that expose how US institutions were instructed to be deprived of …
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“Debanking” has become a buzzword in Washington lately. The term refers to a controversial practice where crypto companies and other businesses have …