X @Wu Blockchain

a16z partner Alex Rampell warns that while “Operation Chokepoint 2.0” has ended, major U.S. banks are now pushing a new “Chokepoint 3.0” — using high fees, restricted data access, and app blocking to suppress crypto and fintech competition. He notes that banks like JPMorgan are trying to raise the cost of moving funds to platforms like Coinbase and Robinhood to undermine emerging rivals.https://t.co/btuCR7HGYU ...