U.S. Senate Moves to Tackle Banking Censorship
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American lawmakers are writing history in finance. Gone are the old dogmas, welcome to disruptions! After years of ambiguity and hostility towards digital assets, Congress is finally addressing a controversial practice: “debanking.” This banking exclusion targeted several industries, including the crypto market. Republican Senator Tim Scott is sponsoring a bill to put an end to these practices. His goal? To ensure equitable access to financial services and to put a stop to the arbitrary decisions of banks.