The industry sure thinks so. The White House denies it. Who’s right?
titled “Operation Choke Point 2.0: The Federal Bank Regulators Come for Crypto.” As the lawyers put it, “The federal bank regulators … are waging a clandestine, financial war against the cryptocurrency industry.” Nearly a decade ago, Cooper & Kirk sued the FDIC, Fed, and OCC on behalf of payday lenders for the original Operation Choke Point, successfully securing a settlement from the FDIC.
Whether one buys the crypto industry line of a stealth war, or the official administration line of various regulators just doing their jobs, there are objectively several fronts where the sector is facing much more intense scrutiny.
Gensler, meanwhile, has made clear that he views the crypto industry as a harbor for criminals while refusing to take the complaints about his enforcement strategy too seriously. On April 1, Gensler changed his Twitter profile picture to one of him wearing sunglasses — black, animated-pixel sunglasses that are known on the internet as Thug Life glasses and are often found on the crypto mascot Doge .
Part of Custodia’s 86-page denial, though, hinged on a new Fed policy that was also published at 11:30 a.m. on Friday, January 27, and which seemed written specifically to bar uninsured banks like Custodia from crypto-related activities. The regulators had already warned banks, in strong language, that they did not look kindly on crypto business.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
‘Fatty’ Price, the first White House correspondent, operated by ambushWashington Evening Star reporter William Wallace Price co-founded the White House Correspondents’ Association, whose 2023 dinner President Biden will address Saturday in D.C.
Consulte Mais informação »
Brittney Griner To Attend White House Correspondents’ Association DinnerEXCLUSIVE: Brittney Griner will attend tonight’s White House Correspondents’ Association Dinner, which draws a list of sports and entertainment celebrities, media figures and politicos.…
Consulte Mais informação »
Trump accuses National Archives of allowing him to leave White House with classified documentsThe staff at the “overly political” National Archives refused to help former President Donald Trump pack up his office in the final days of his administration, according to the former president, and their absence caused him to unknowingly take classified material to his home in Mar-a-Lago.
Consulte Mais informação »
Why Ariana Madix cropped out Meghan McCain from White House dinner photoThe “Vanderpump Rules” star appeared to slight the former “View” co-host by leaving her out of the image, but her rep explains why the crop was “inadvertent.”
Consulte Mais informação »
Biden to advocate the release of detained journalists at the White House correspondents’ dinnerPresident Biden plans to use his remarks Saturday at the White House Correspondents' Association dinner to address press freedoms and the detainment of American journalists, a senior White House official says.
Consulte Mais informação »
White House Correspondents’ Dinner: What’s Happening & Who’s Attending + LivestreamUPDATED with latest attendees, livestream link: President Joe Biden and First Lady Jill Biden, as well as Vice President Kamala Harris and Second Gentleman Doug Emhoff, will attend Saturday’s…
Consulte Mais informação »