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CoinDesk - by layer3.news
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2025-02-06 20:51:49
in reply to nevent1q…8vpl

Crypto's Debanking Worries Hit Another Big Stage in U.S. House


CoinDesk (nprofile…nhef)
✍️ Coinbase's chief lawyer testified before the House Financial Services Committee about the abuse of authority by regulators, who are erecting barriers between banks and crypto firms.
👉 Coinbase's chief lawyer testified about the abuse of authority by regulators
👉 Regulators are erecting barriers between banks and crypto firms
👉 Financial regulators are directing banks away from the industry
👉 Republican lawmakers agreed with Grewal's views
👉 Democrats flagged concerns with President Donald Trump's own crypto business efforts

#PaulGrewal #DanMeuser #AlGreen #AnaReyes #TravisHill #CynthiaLummis #DonaldTrump #DavidSacks #Washington #U.S. #politics
CoinDesk (nprofile…nhef)

The industry's U.S. banking crisis may be retreating as a second congressional committee sheds light on how crypto businesses have been treated by regulators.
https://www.coindesk.com/policy/2025/02/06/crypto-s-debanking-worries-hit-another-big-stage-in-u-s-house

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