No Bullshit Bitcoin on Nostr: FDIC releases unredacted letters urging banks to avoid Bitcoin activities Coinbase's ...
FDIC releases unredacted letters urging banks to avoid Bitcoin activities
Coinbase's Chief Legal Officer, Paul Grewal, shared unredacted versions of documents related to Operation Chokepoint 2.0, obtained through a court-ordered Freedom of Information Act request. The letters reveal that the FDIC repeatedly urged banks to suspend Bitcoin and crypto-related services and activities pending further regulatory reviews.
https://www.fdic.gov/foia/history-associates-inc-v-fdic-fdics-redacted-pause-letters-january-3-2025
Coinbase's Chief Legal Officer, Paul Grewal, shared unredacted versions of documents related to Operation Chokepoint 2.0, obtained through a court-ordered Freedom of Information Act request. The letters reveal that the FDIC repeatedly urged banks to suspend Bitcoin and crypto-related services and activities pending further regulatory reviews.
https://www.fdic.gov/foia/history-associates-inc-v-fdic-fdics-redacted-pause-letters-january-3-2025