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Category operation chokepoint

JPMorgan and Strike CEO Jack Mallers Go Silent, Leave 'Debanking' Questions Unanswered

JPMorgan and Strike CEO Jack Mallers Go Silent, Leave 'Debanking' Questions Unanswered

For now, Jack Mallers decided to not comment any further and JPMorgan declined to explain why it debanked the CEO of a company very similar to newl...
Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’

Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’

For the first time, a sitting U.S. Treasury Secretary has described Bitcoin as more than just a speculative frenzy. Scott Bessent’s post didn’t jus...
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.