4 days ago
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Coinbase has created a video criticizing the caller papers of the Federal Deposit Insurance Corporation, which is unfair to crypto.
In a caller post, Coinbase stated, “The facts are the facts,” showing the caller documents of the FDIC. The video shows that the FDIC pressured banks to halt offering crypto products oregon prosecute crypto-related projects.
Coinbase’s Video Criticizes FDIC, Source: XThe FDIC, which regulates US banks, recently released 790 pages of caller guidelines for institutions that supply cryptocurrency services.
The US government’s effort to choke crypto has been wildly criticized by the community. “Operation Chokepoint 2.0” is known for by the assemblage arsenic a purported authorities effort to bounds entree to banks for circumstantial industries, including cryptocurrency.
Also Read: Coinbase Urges Regulators to Let Banks Offer Crypto Services
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