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FDIC Releases Docs on Crypto Debanking Ahead Of Chokepoint 2.0 Hearing

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FDIC released 175 documents showing resistance to banks engaging in crypto activities.

Senator Cynthia Lummis praised FDIC ’s transparency and declared Chokepoint 2.0 over.

FDIC plans to replace FIL 16-2022 and reassess its crypto supervisory approach.