Coinbase’s L2 suddenly changes its stance on coin issuance! What’s the story behind this? | Bee Network
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“The White House is preparing to issue an executive order to punish banks that discriminate against crypto companies.” This news has been flooding the WeChat Moments recently. People who have been in the cryptocurrency industry for more than two years have to rub their eyes to confirm it after seeing this news, and exclaimed, “It feels like a lifetime ago.” However, just over a year later, Operation Choke Point 2.0 was fully implemented in March 2023. During the Biden administration, the Federal Reserve, the FDIC, the OCC, and other institutions issued a joint statement designating cryptocurrency businesses as “high-risk” and requiring banks to rigorously assess their exposure to crypto clients. Regulators, through informal pressure, forced crypto-friendly banks like Signature Bank and Silvergate Bank to close core businesses and restrict new…# Analysis# Airdrop# crypto# ethereum# Exchange# guide# Market# Meme Coin# Token# ToolPre
RWA Weekly Report | US Senate Democrats Announce Crypto Market Regulatory Framework; Tether to Launch USAT, a US-Based SNext
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