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ROLLUP: Operation Choke Point | SEC Crypto Staking Crackdown | Genesis Earn Repayment | a16z Uniswap
Bankless
The Crypto Industry Is Choking Off Crypto Markets
Banks taking deposits from crypto clients, issuing stable coins or engaging in cryptocurrency have faced nothing short of an onslaught from regulators. Senator Bill Hagerty: Federal agencies lack the authority to comprehensively regulatecrypto markets. So their fallback position is to weaponize control over the banking system to mandate discrimination against crypto companies. This must stop.
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