RT CoinDesk Podcast Network (@CoinDeskPodcast)NEW @blockspace pod: House report confirms Operation Chokepoint 2.0 wasn’t a conspiracy, in partnership with @blockspace!"For years, the crypto industry claimed there was a coordinated extralegal effort to cut crypto off from the banking system. It was true."We discuss:⚡ 24 “pause” letters sent to financial institutions⚡ Fed, FDIC, OCC, and others working together⚡ Shadow debanking actually happened👇🇨🇦⤵️ 🍕 ...

Debanking practices make many banks unreliable places to entrust with one's business treasury, personal savings, or payment access.Senator Cynthia Lummis (@SenLummis):Operation Chokepoint 2.0 regrettably lives on.Policies like JP Morgan’s undermine confidence in traditional banks and send the digital asset industry overseas.It’s past time we put Operation Chokepoint 2.0 to rest to make America the digital asset capital of the world. https://t.co/x9ZdgXialV ...

The crypto industry is once again at war with one of Wall Street’s most influential institutions. In just 48 hours, JPMorgan Chase, MSCI’s proposed index rule changes, and the abrupt closure of cryptocurrency payment app Strike CEO Jack Mallers’s personal bank accounts have combined into what many inside the Bitcoin community now describe as a new chapter of “Operation Chokepoint 2.0.” The backlash comes after MSCI’s January 2026 proposal to exclude companies whose balance sheets hold more than 50% crypt ...

JPMorgan Jack mallers. Photo by BeInCrypto Strike CEO and Twenty One Capital co-founder Jack Mallers says JPMorgan Chase abruptly shut down his personal bank accounts and refused to explain why. The move has sparked new concerns over the “debanking” of crypto executives at a time when Wall Street banks are facing mounting pressure over their relationships with digital-asset firms. Mallers Says JPMorgan Gave No Reason: “We Aren’t Allowed to Tell You” In a series of posts on X (Twitter), Mallers revealed ...

Gary Gensler's text messages from October 18, 2022, to September 6, 2023, have been "lost"That time period just happens to overlap with the FTX blowup and a significant chunk of Operation Chokepoint 2.0 https://t.co/5tZI0wIgjq ...

Industry Trend & Competition - The fintech industry faces a new challenge dubbed "Chokepoint 3.0," where major U S banks are allegedly suppressing competition through high fees, restricted data access, and app blocking [1] - Banks like JPMorgan are reportedly increasing the cost of transferring funds to platforms such as Coinbase and Robinhood, potentially hindering the growth of emerging rivals [1] Regulatory & Legal Landscape - "Operation Chokepoint 2.0" has ended, but concerns remain about the financial industry's practices towards crypto and fintech companies [1]