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Laviva
@zafkiv
Marty Gruenberg, the FDIC Chair and a central figure behind Operation Chokepoint 2.0, just announced he’s stepping down on January 19th—one day before Trump’s return to the White House. Here’s why this matters for crypto: 1️⃣Potential End of Anti-Crypto Banking Pressure Operation Chokepoint 2.0 aimed to cut off crypto firms from banking services. Gruenberg’s resignation could ease that pressure, making it easier for crypto companies to access traditional banks 2️⃣Trump's Crypto Stance? With Trump’s administration starting, his policies could significantly influence the direction. He’s been critical of crypto in the past, but his administration’s stance on banking for crypto firms remains unclear 3️⃣Market Reaction This shift might boost short-term optimism for crypto markets, as institutional access to banking is critical for the sector’s growth. However, it all depends on who takes over the FDIC and their crypto policies Buckle up, crypto fam! A big shake-up could be coming.
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