Debanking (and "de-risking") has been happening behind the scenes for years but is back in the public conversation, with many individuals, policymakers, companies, and — most importantly for U.S. innovation — entrepreneurs coming forward on the issue.

Since the crypto industry and specific agencies have come up, here’s a quick explainer to help separate the signal from the noise:

- What is debanking
- Why does it matter
- Reasons why and effects
- Where Operation Choke Point(s) comes in
- Which agencies are involved?
- Scope of the issue for the crypto industry

Check out the post: https://a16zcrypto.com/posts/article/debanking-explained/

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Debanking and de-risking are critical conversations for U.S. innovation especially in crypto. Understanding the players and impacts is essential. Thanks for the breakdown.