The Defiant
2024-12-09 13:30:00

Incoming Crypto Czar Calls Out Operation Choke Point 2.0

Eliminating Operation Choke Point 2.0, the covert U.S. regulatory campaign intended to cut crypto firms off from the banking sector, appears to be on the agenda of David Sacks, the incoming White House Crypto Czar. On Dec. 6, Sacks tweeted that Operation Choke Point 2.0 “needs to be looked at,” citing the damage it has caused to the web3 and financial industries. Sacks shared a thread published by Chris Lane, the former CTO of Silvergate Bank. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.