a16zcrypto
@a16zcrypto
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 β most importantly for U.S. innovation β entrepreneurs coming forward on the issue. Since the crypto industry and specific agencies have come up, hereβs 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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stellabelle πͺ
@stellabelle
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