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CoinGape

CoinGape

U.S. crypto exchange Coinbase exposes FDIC's role in limiting crypto banking access

CoinGape
Summary
Nutrition label

63% Informative

Documents shed light on FDIC ’s efforts to limit banking services available to crypto businesses in 2022 .

FDIC 's communications showed deliberate delays and questions aimed at halting crypto-related banking activities, fueling " Operation Chokepoint 2.0" US Rep. French Hill has vowed to investigate alleged government efforts to stifle the crypto industry.

The letters confirm that federal agencies have been using informal measures to suppress the industry.

VR Score

52

Informative language

47

Neutral language

62

Article tone

formal

Language

English

Language complexity

73

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links