Crypto-Friendly Banking: Is It Sustainable?
As crypto startups navigate the stormy seas of a banking crisis, dubbed “Operation ChokePoint 3.0“, they face a future filled with uncertainty. The latest banking practices have made it harder for them to access essential services, causing major disruptions in their operations. Meanwhile, the rise of crypto-friendly banking solutions has sparked both hope and skepticism. Could these new institutions be the lifeboats we need, or are they just a mirage?
The Struggles of Crypto Startups
Operation ChokePoint 3.0 has created a world where crypto startups are facing exorbitant fees and account closures, all in the name of compliance. JPMorgan Chase has reportedly raised fees for fintech and crypto companies, making it even more expensive to…
