X @CoinDesk

Regulatory Scrutiny - A House report confirms the existence of "Operation Chokepoint 2.0," dismissing claims of conspiracy within the crypto industry [1] - The report reveals a coordinated effort to cut the crypto industry off from the banking system [1] - Financial institutions received 24 "pause" letters [1] - The Fed, FDIC, OCC, and other entities collaborated in this effort [1] - Shadow debanking of crypto firms occurred [1]