Crypto debanking is ‘still occurring’ as banks stick to Chokepoint policies

Crypto debanking is ‘still occurring’ as banks stick to Chokepoint policies

Despite Trump’s pro-crypto stance, Unicoin CEO says US banks continue closing accounts for crypto firms under “Operation Chokepoint.” Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a policy-driven effort to suppress digital assets, referred…

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Bitcoin investment banks coming to El Salvador — Gov regulator

Bitcoin investment banks coming to El Salvador — Gov regulator

The new law will allow investment banks, which can underwrite companies, issue securities, and are institutionally focused, to hold BTC. Regulated Bitcoin (BTC) investment banks are coming to El Salvador, following Thursday’s approval of El Salvador’s Investment Banking Law, which classifies investment banks under different regulations than commercial banks. Investment banks will now be allowed…

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