Crypto Debanking Fight Continues

Despite progress in crypto legislation, US crypto firms face banking issues. Caitlin Long of Custodia Bank highlights ongoing scrutiny by the Fed on two crypto-friendly banks. This stems from government pressure on banks cutting ties with crypto firms, dubbed "Operation Chokepoint 2.0." Criticism claims the Fed, under Democrat control, resists crypto integration. A potential clash looms if other financial bodies change their stance but the Fed doesn’t. Globally, crypto debanking remains tough, affecting both EU and US firms, despite attempts to ease restrictions.