Binance v SEC: Crypto industry debates 'Tai Chi' vs 'Operation Chokepoint 2'
The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S.
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Stablecoins are a critical countermeasure to Operation Chokepoint
Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines.
How credible is the ‘Operation Chokepoint’ theory?
Silicon Valley Bank and Silvergate Bank were crucial to many in the cryptocurrency industry, and it’s fueling theories that regulators encouraged their downfall.