Trump Vows to End “Chokepoint 2.0” Crypto Bank Pressure
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- Trump announces U.S. Bitcoin reserve, funded by seized assets, no taxpayer money.
- Trump vows to dismantle “Operation Chokepoint 2.0” and support crypto businesses.
- U.S. plans to establish a crypto stockpile with potential for Ethereum and Solana.
On March 7, 2025, the White House hosted its first-ever crypto summit, with President Donald Trump zeroing in on “Operation Chokepoint 2.0” and its impact on the crypto industry.
Trump announced a major policy change aimed at dismantling this initiative and fostering a more positive environment for crypto businesses.
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— Watcher.Guru (@WatcherGuru) March 7, 2025President Trump says America will "never sell" Bitcoin. pic.twitter.com/dnFVjrI5Wo
“Wrongful Misuse” of Banking System, Trump Asserts
Trump condemned this practice, asserting that it had wrongfully misused the banking system against the industry. His administration now seeks to create a more positive environment for crypto businesses, promising regulatory clarity moving forward.
Related: Donald Trump Makes It Official: Strategic Bitcoin Reserve, Altcoin Stockpile Is Law
Coinciding with his pledge to dismantle “Operation Chokepoint 2.0…
The post Trump Vows to End “Chokepoint 2.0” Crypto Bank Pressure appeared first on Coin Edition.
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