Court Docs Show Regulator’s Crypto Freeze Was More Warning
There has been a quiet uproar happening in the crypto space, and it’s not bitcoin’s surging price.
Rather, it is the ongoing accusations by U.S. crypto exchange Coinbase, as well as other stakeholders in the crypto space, that the Federal Deposit Insurance Corporation (FDIC) has been engaged in deliberating hindering the crypto sector’s access to banking activities.
The crypto sector has for years maintained that it was being barred from U.S. banking services, and the latest airing of grievances comes as the face of crypto regulation in the U.S. is poised to transform with the advent of President-elect Donald Trump’s new administration.
Documents released Friday (Jan. 3) by the FDIC challenge the increasing claims of…
