Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Unicoin CEO says US banks continue closing accounts for crypto firms under “Operation Chokepoint,” Vitalik Buterin is an onchain billionaire again. Meanwhile, Bo Hines, director of White House Crypto Council steps down.
Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a policy-driven effort to suppress digital assets, referred to as “Operation ChokePoint 2.0.”
After President Donald Trump’s pro-crypto team won the election, many believed the era of debanking was over. His campaign rhetoric and early policy moves signaled a friendlier environment for digital assets, leading some to expect banks would ease restrictions on crypto clients.
