Bankless cover image

Congressman Tom Emmer Tackles the War on Crypto

Bankless

The Fed's Aggressive Approach to Crypto Deposits

2min Snip

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The Fed is launching its own payment network that's literally designed to settle payments in seconds. The same year, financial regulators have weaponized their authority to quash the major banks that service the crypto industry. We don't need the federal government competing with the private sector. That's exactly what they're doing. And in this case, they're trying to corner the market when it comes to banking and financial services.

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