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Crypto Is Super Risky and You Shouldn't Be Messing With That Um
The Biden administration is trying to sever crypto from banks. The first significant action was January 30th and it's just like statements that are put out by different banking regulatory authorities. A bank that is in the crypto space had applied for something called a Fedmaster account but I don't think they've applied yet. It means you can't access back-end banking stuff so if you take that ladder out it costs money.