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Cryptocurrency Cointelegraph

Fed cuts ‘reputational risk’ scrutiny used to ‘assassinate’ crypto firms

Under Operation Chokepoint 2.0, more than 30 technology and crypto companies were denied banking services in the US after the collapse of crypto-friendly banks in 2023.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Fed cuts ‘reputational risk’ scrutiny used to ‘assassinate’ crypto firms

Under Operation Chokepoint 2.0, more than 30 technology and crypto companies were denied banking services in the US after the collapse of crypto-friendly banks in 2023.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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