Sources
The Block
Crypto debanking sparks tension in House subcommittee hearing over industry's access to banking https://t.co/WaKtG255fz
paulgrewal.eth ✅Banks wanted crypto ✅No indication of risk assessed by the @FDICgov ❌ @FDICgov redacted page after page - abusing confidential supervisory info designation ✅ Federal court rejected this abuse of power No legal industry in the United States ought to be unlawfully unbanked. https://t.co/VVrx3YgYtS
Julia Krieger 🛡️ In response to the IG report: "The @FDIC committed to conducting risk assessments of the crypto activities that the banks wish to engage in," @coinbase Chief Legal Officer @iampaulgrewal testified before @FinancialCmte. "Today, we have no indication whatsoever that any of the… https://t.co/OugQz1EzPz
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