Coinbase Reveals FDIC Directives Aiming to Limit Crypto Banking
FDIC issued letters urging banks to pause crypto-related activities, citing risks and pending regulatory guidelines. Coinbase and Ripple’s executives claim these actions aim to suppress crypto involvement and deter banks from supporting digital assets. Allegations of “Operation Chokepoint 2.0” emerge as FDIC’s efforts echo past indirect pressure on targeted industries. Coinbase has revealed fresh details…