Parsa Empire
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🇺🇸#Crypto U.S. crypto advocate David Sacks hailed the FDIC’s decision to eliminate “reputational risk” as a factor in bank regulation as a major victory for the crypto industry. He argued that this vague and subjective standard had been used to unjustly de-bank legitimate crypto firms, contributing to what he termed “Financial Blockade 2.0.” Sacks emphasized that bank oversight should be based on objective, quantifiable criteria rather than public perception.
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