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Coinbase CLO to Address ‘Operation Chokepoint 2.0’ in Congressional Hearing

Coinbase’s Chief Legal Officer, Paul Grewal, will testify before the U.S. Congress this week as lawmakers investigate allegations that federal regulators deliberately pressured banks to cut off financial services to crypto companies. 

“I’m testifying at the @FinancialCmte’s oversight hearing looking into the past clandestine and undemocratic campaign to cut off crypto from banking,” Grewal said in a post on X. “On behalf of Coinbase, I’m proud to help shed light on the unfair treatment of our industry.”

The "Operation Choke Point 2.0: The Biden Administration's Efforts to Put Crypto in the Crosshairs” hearing comes amid industry clamoring that U.S. financial regulators, including the Federal Deposit Insurance Corporation (FDIC), engaged in an unofficial campaign—to limit crypto’s access to banking.

Coinbase CLO to Address ‘Operation Chokepoint 2.0’ in Congressional Hearing

Coinbase’s Chief Legal Officer, Paul Grewal, will testify before the U.S. Congress this week as lawmakers investigate allegations that federal regulators deliberately pressured banks to cut off financial services to crypto companies. 

“I’m testifying at the @FinancialCmte’s oversight hearing looking into the past clandestine and undemocratic campaign to cut off crypto from banking,” Grewal said in a post on X. “On behalf of Coinbase, I’m proud to help shed light on the unfair treatment of our industry.”

The "Operation Choke Point 2.0: The Biden Administration's Efforts to Put Crypto in the Crosshairs” hearing comes amid industry clamoring that U.S. financial regulators, including the Federal Deposit Insurance Corporation (FDIC), engaged in an unofficial campaign—to limit crypto’s access to banking. 
https://decrypt.co/304275/coinbase-clo-to-address-operation-chokepoint-2-0-in-congressional-hearing