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chokepoint
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Donald #TRUMP :
We will make America the crypto-capital of the world.
We will create a crypto-reserve.
NO #bitcoin -assets will also be stored in the reserve.
We want to complete the work on stablecoin legislation by August.
The Treasury and the Department of Commerce will consider possible ways to acquire additional stocks #BTC .
We are completing operation "#ChokePoint 2.0." (debanking the crypto industry).
Never sell your BTC — Biden sold out for billions.
$BTC
We will make America the crypto-capital of the world.
We will create a crypto-reserve.
NO #bitcoin -assets will also be stored in the reserve.
We want to complete the work on stablecoin legislation by August.
The Treasury and the Department of Commerce will consider possible ways to acquire additional stocks #BTC .
We are completing operation "#ChokePoint 2.0." (debanking the crypto industry).
Never sell your BTC — Biden sold out for billions.
$BTC
U.S. banks are being accused of quietly reviving “Choke Point 2.0” after an OCC review found several major institutions blocking services to fully legal industries — especially crypto — not for risk, but simply for what they are.
The original Operation Choke Point (2013–2017) targeted “high-risk” sectors. Now, crypto watchers say the playbook is back, supported by leaked FDIC memos showing deep distrust of digital assets.
The OCC flagged heightened restrictions across crypto, oil & gas, firearms, coal, tobacco/vapes, adult entertainment, and more — with big names like JPMorgan, Bank of America, Citi, Wells Fargo, PNC, TD, and others in the spotlight.
Comptroller Jonathan Gould says the agency won’t let banks weaponize access to the financial system, and thousands of complaints are still being reviewed.
Meanwhile, the OCC has quietly opened the door for banks to hold crypto for blockchain fees and conduct riskless principal trades — a notable shift.
More sharp crypto news coming your way.
#CryptoNews #ChokePoint #USBanks
$XRP
The original Operation Choke Point (2013–2017) targeted “high-risk” sectors. Now, crypto watchers say the playbook is back, supported by leaked FDIC memos showing deep distrust of digital assets.
The OCC flagged heightened restrictions across crypto, oil & gas, firearms, coal, tobacco/vapes, adult entertainment, and more — with big names like JPMorgan, Bank of America, Citi, Wells Fargo, PNC, TD, and others in the spotlight.
Comptroller Jonathan Gould says the agency won’t let banks weaponize access to the financial system, and thousands of complaints are still being reviewed.
Meanwhile, the OCC has quietly opened the door for banks to hold crypto for blockchain fees and conduct riskless principal trades — a notable shift.
More sharp crypto news coming your way.
#CryptoNews #ChokePoint #USBanks
$XRP
$BMT 💸💸💸💸💸💸😘😘💵💵💵💵💵💸💸💸 Accused of Reviving “Choke Point 2.0” Against Crypto
A preliminary report from the U.S. Office of the Comptroller of the Currency (OCC) reveals that several major national banks have restricted or denied services to fully legal businesses — including crypto firms — not because of financial risk, but purely based on the nature of the industry.
What Is Operation Choke Point?
Originally launched by the DOJ in 2013, the program pressured banks to treat certain legal sectors as “high-risk.” Although it officially ended in 2017, many in the crypto space believe a quiet revival — “Choke Point 2.0” — is underway, supported by internal FDIC documents showing skepticism toward digital assets.
Industries Under Heightened Scrutiny
OCC found enhanced restrictions on sectors such as crypto, oil & gas, coal, firearms, private prisons, tobacco/vapes, and adult entertainment. The review covered JPMorgan, Bank of America, Citi, Wells Fargo, U.S. Bank, Capital One, PNC, TD Bank and BMO.
OCC’s Position
Comptroller Jonathan V. Gould stated the agency is committed to preventing banks or regulators from using the financial system as a pressure tool. Thousands of complaints are still under investigation.
Evolving Stance on Crypto
OCC recently confirmed banks may hold crypto on balance sheets for blockchain fee payments and can conduct riskless principal transactions with digital assets.
Follow for more fast, sharp crypto reporting and real-time market insights!
#CryptoNews #ChokePoint #USBanks
A preliminary report from the U.S. Office of the Comptroller of the Currency (OCC) reveals that several major national banks have restricted or denied services to fully legal businesses — including crypto firms — not because of financial risk, but purely based on the nature of the industry.
What Is Operation Choke Point?
Originally launched by the DOJ in 2013, the program pressured banks to treat certain legal sectors as “high-risk.” Although it officially ended in 2017, many in the crypto space believe a quiet revival — “Choke Point 2.0” — is underway, supported by internal FDIC documents showing skepticism toward digital assets.
Industries Under Heightened Scrutiny
OCC found enhanced restrictions on sectors such as crypto, oil & gas, coal, firearms, private prisons, tobacco/vapes, and adult entertainment. The review covered JPMorgan, Bank of America, Citi, Wells Fargo, U.S. Bank, Capital One, PNC, TD Bank and BMO.
OCC’s Position
Comptroller Jonathan V. Gould stated the agency is committed to preventing banks or regulators from using the financial system as a pressure tool. Thousands of complaints are still under investigation.
Evolving Stance on Crypto
OCC recently confirmed banks may hold crypto on balance sheets for blockchain fee payments and can conduct riskless principal transactions with digital assets.
Follow for more fast, sharp crypto reporting and real-time market insights!
#CryptoNews #ChokePoint #USBanks
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