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A cross-party group of U.K. lawmakers has opened an inquiry into banking restrictions affecting crypto companies and their customers. The review will assess whether account closures, payment blocks and transfer…
Storm, who might still face a retrial on the Tornado Cash case, rebuked statements from Lead Bank CEO Jackie Reses, who referred to debanking as a “crock of shit.” He…
Federal regulators intensify scrutiny of payment giants, signaling potential enforcement over account restrictions that may conflict with consumer expectations and disclosed policies, raising stakes for Paypal, Stripe, Visa, and Mastercard.…
President Donald Trump says he plans to sue JPMorgan Chase within weeks, accusing the banking giant of improperly cutting off his accounts after the Jan. 6, 2021, Capitol events. Trump…
The House Oversight Committee is investigating claims that banks are shutting out crypto firms and individuals, citing political bias and regulatory overreach as key concerns. House Committee Investigates Whether Banks…
The comments were part of a speech on Friday titled “Charting a New Course.” Did the FDIC Just Confess to Crypto Debanking? Federal Depositary Insurance Corporation (FDIC) Vice Chairman Travis…
Barr has served as the Fed’s vice chair for supervision since July 2022 and was widely regarded as one of the chief architects of Operation Choke Point 2.0, an alleged…
Coinbase’s Chief Legal Officer issued a rallying cry to the industry, demanding answers after the survey results were published. Operation Chokepoint 2.0 Targets Crypto Hedge Funds Three quarters of 160…
The momentum from Andreessen Horowitz co-founder Marc Andreesen’s recent revelations about debanking has been unstoppable, sparking a fiery discussion urging people to step away from traditional financial institutions. Debanking Unmasked:…
Marc Andreessen’s chat with Joe Rogan set off a viral response from the crypto world, with many industry enthusiasts and startup founders recounting their own run-ins with being debanked by…