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Category operation chokepoint

U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues

U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues

The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto ac...
New White House Order Could Punish Banks for Dropping Customers Over Beliefs

New White House Order Could Punish Banks for Dropping Customers Over Beliefs

The order aims to stop "debanking", the practice of denying financial services for ideological reasons.
‘Chokepoint 3.0’ Has Arrived? a16z Warns of Anti-Crypto Bank Tactics

‘Chokepoint 3.0’ Has Arrived? a16z Warns of Anti-Crypto Bank Tactics

This tactic could strangle competition by making it more costly for users to transfer funds to alternative platforms, a16z's general partner argued.
U.S. Federal Reserve's New Supervision Chief Will Wield Crypto Authority

U.S. Federal Reserve's New Supervision Chief Will Wield Crypto Authority

Whether it's crypto's access to banking or the issuance of stablecoins, new Fed supervision chief Michelle Bowman will have a say.
Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draper

Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draper

Bitcoin will go to “infinity against the dollar because there won’t be a dollar,” AI and genetics will help humans communicate with animals, he tol...