{
}
Over the past three years, around 120 crypto hedge funds, representing 75% of those surveyed, have faced significant banking challenges, including relationship terminations and vague explanations from banks. This situation has fueled discussions about "Operation Chokepoint 2.0," an alleged initiative by the Biden administration to restrict banking access for the crypto industry. While affected funds eventually found banking partners, they often turned to smaller, regional institutions.
The crypto industry is expressing frustration over the potential renomination of SEC commissioner Caroline Crenshaw, known for her strong opposition to cryptocurrencies and Bitcoin ETFs. Coinbase COO Emilie Choi labeled her "anti-crypto," while industry figures criticize her past actions, including defying a federal judge's order regarding ETF approvals. In contrast, the recent appointment of pro-crypto Paul Atkins as SEC chair is seen as a positive shift for the industry.
Austin Campbell
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
crypto hedge funds face banking challenges amid operation chokepoint 2.0 allegations
United States Dollar
Coinbase Global, Inc.
USA
John D'Agostino
Caitlin Long
Austin Campbell
Paul Grewal
Show more
20:39 20.12.2024
crypto industry voices frustration over potential renomination of anti crypto sec commissioner
Coinbase Global, Inc.
USA
Jaime Lizárraga
Caroline Crenshaw
Donald Trump
Sherrod Brown
Emilie Choi
Gary Gensler
Austin Campbell
James Seyffart
Paul Atkins
Show more
19:51 08.12.2024
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Stock Market Updates
Supply Chain Management
Government Economic Policies
Industry Mergers & Acquisitions
Fintech Startups
Private Equity Deals
Venture Capital Investments
CEO Changes
AI Applications
Funding Rounds & Investments
Economic Indicators
Emerging Startups
Corporate Social Responsibility
Inflation and Monetary Impact
Energy Sector Developments
Countries:
Companies:
Apple Inc.
Grab2Go AS
Google Inc.
OLA ELECTRIC MOBILITY LTD
NVIDIA Corp
Tesmec S.p.A.
Amazon.com, Inc.
Microsoft Corporation
EFG Hermes Egypt
Broadcom Inc.
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
XIAOMI-W
Tesla, Inc.
LG CNS
Delhivery Limited
Ecom Express Ltd.
Scripbox.COM India Ltd.
SK hynix Inc.
OpenAI ERC USD
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
United Arab Emirates Dirham
South Korean Won
Pakistani Rupee
Egyptian Pound
Saudi Riyal
Brazilian Real
Qatari Riyal
Indonesian Rupiah
Vietnamese Đồng
Hong Kong Dollar
Offshore Chinese Yuan
Canadian Dollar
Malaysian Ringgit
Swiss Franc
New Zealand Dollar
People: