Crypto Companies Are Being De-Banked Because They Are Crypto Companies

The state the government essentially operates a permission system for access to financial services in this country. You can't just set up a bank you have to be chartered and it is incumbent on regulators to ensure that all legal businesses and lawful U.S. persons have access to those systems. We're a 501c4 and you know 95% of our assets are all on chain but I get paid in fiat via a traditional bank account. Until we get there it can be highly problematic for a developer any startup to try to get running without having access to a basic checking account.

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