Weekly Roundup 02/07/25 (FDIC Files, House & Senate Hearings, SEC crypto priorities) (EP.594)
On The Brink with Castle Island
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Navigating Debanking and Crypto Regulations
This chapter explores the recent Senate Banking Committee hearing on debanking in the U.S., examining testimonies from banks and the implications of remarks by Elizabeth Warren. It highlights the FDIC's challenges and evolving stance towards cryptocurrency regulations, alongside a discussion on the SEC's new crypto task force and the introduction of stablecoin legislation. The ongoing controversies and regulatory shifts present in this landscape create a crucial moment for the future of crypto and banking relationships.
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