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crypto bankCNBC
•Business
Business & Economics
80% Informative
After years of regulatory challenges, crypto execs now have allies across Washington , D.C. "Debanking" is a term used to pressure banks into severing ties with crypto.
Industry leaders call it " Operation Choke Point 2.0 ," an alleged coordinated effort by regulators during the Biden presidency.
President Donald Trump has coopted the agenda for political gain.
FDIC records show banks were being pressured to avoid crypto clients even in absence of clear laws.
House committee is investigating claims that bank executives and regulators secretly blacklisted crypto firms.
Silvergate Bank and Signature Bank were the leading FDIC -insured banks for crypto-asset businesses.
VR Score
80
Informative language
77
Neutral language
58
Article tone
formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
11
Source diversity
9
Affiliate links
no affiliate links
