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From “Operation Chokepoint 2.0” to Fair Banking: What the House Report Alleges and How the OCC Responded

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On November 25, the House Financial Services Committee majority staff published Operation Chokepoint 2.0: Biden’s Debanking of Digital Assets, a detailed account of how, in the Committee’s view, federal prudential regulators between 2021 and early 2025 discouraged banks from serving lawful digital asset businesses through informal guidance, supervisory posture, and enforcement….
By: Troutman Pepper Locke

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