White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

Calling it a “big win for crypto,” the White House crypto czar cheered regulators’ decision to scrap debanking rules that stifled lawful digital asset innovation. Crypto Scores Major Victory as FDIC Removes Reputational Risk Rule Federal officials are shifting away from a controversial banking oversight tool after sustained criticism from lawmakers and the crypto industry. […]