‘Operation Choke Point 2.0’ may have contributed to SVB’s collapse: Mulvaney

While the existence of “Operation Choke Point 2.0” has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side effects of such a policy.

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‘Operation Choke Point 2.0’ may have contributed to SVB collapse: Mulvaney

If the United States government really is implementing “Operation Choke Point 2.0” it will hurt financial stability and may have contributed to the collapse of Silicon Valley Bank (SVB) according to Donald Trump’s former Acting White House Chief of Staff, Mick Mulvaney. “I don’t want to think that the government would actually do that,” Mulvaney [...]

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Binance Halts GBP Deposits and Withdrawals

Only a month after halting U.S. dollar bank transfers, Binance is now being forced to cease processing British pound deposits and withdrawals as well. Only 1% of Users Impacted Crypto...

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The U.S. Government Wants to Cut Off Crypto’s Access to Banks: Nic Carter

Crypto companies may soon find themselves deprived of banking services in the United States, just like online poker was during the Obama era, says Nic Carter. Operation Choke Point 2.0...

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US Watchdog Crushes Cryptos Operation Choke Point 2.0 Theory

A Wall Street watchdog group has challenged claims that financial regulators unfairly targeted the crypto industry. Ahead of a Feb. 6 hearing by the House Financial Services Committees Oversight and Investigations Subcommittee, Better Markets banking policy director Shayna Olesiuk pushed back against the “Operation Choke Point 2.0” narrative. This theory suggests that U.S. regulators deliberately […]

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Weekend Wrap: Eliza Labs founder hacked, Boyaas Bitcoin bet pays off and more

World ID Orb verifications are available in the Philippines, Boyaa Interactive predicts a profit surge while Eliza Labs founders X account was hacked.

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House Majority Whip Questions FDIC Over Crypto Banking “Purge”

Rep. Tom Emmer sent a letter sharply questioning FDIC Chairman Gruenberg following reports that federal regulators were attempting to cut off the crypto industry from the banking sector. A Lazy...

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