Key dealers
- Elizabeth Warren collaborates with Donald Trump to deal with crypto -de -banking issues.
- FDIC documents revealed crypto-related bank restrictions preceding the Trump administration.
The American Senator Elizabeth Warren has shifted her attitude toward crypto regulation.
During the hearings earlier today, she promised to work with former President Donald Trump to address the issue of debanal in the crypto industry.
Warren: “So debanal is a real problem, and we have to work over a time to solve it.”
This is like a murder fire that regrets the sudden uptick in house fires.
Don’t be fooled.
It was Elizabeth Warren and her acolytes in the Biden administrator who orchestrated the debanal scandal in … pic.twitter.com/2qcsgiasqd
– Sam Lyman (@samlyman33) February 5, 2025
Warren, formerly known for his skepticism towards digital assets, is now focusing on banks investigations that have denied services or closed stories about crypto-related companies and individuals. This practice, known as debate, has been a significant problem for the crypto industry.
“Debanking is a real problem, and we have to work over the hallway to solve it,” Senator Warren said.
The development comes in the midst of revelations from Recently revealed Federal Deposit Insurance Corporation (FDIC) documents It indicates crypto -related restrictions were implemented during the previous administration.
The Senator’s commitment follows the closure of Consumer Financial Protection Bureau (CFPB) during the Trump administration.
CFPB, a federal agency established to protect consumers in the financial sector, had played a key role in monitoring bank practice and consumer protection measures.
The Bipartisan method for managing crypto -debanking marks a remarkable deviation from Warren’s previous positions on digital assets, which indicates a potential change in the regulatory landscape for crypto companies that seek banking services.
Warren’s collaboration does not come without controversy.
Senator Warren had criticized the Sec’s approval of Tot Bitcoin ETFs and emphasized the need for Crypto to comply with anti-allowance rules.
When it comes to banking policy, I usually do not agree with the CEO of Banks at several billion dollars. But maintaining rules against money laundering against crypto to protect national security is common sense and critical. It’s time for the congress to act. pic.twitter.com/zzaegajeb4
– Elizabeth Warren (@senwarren) December 7, 2023
Recently, she demanded investigations from former President Trump’s involvement in Meme coins, especially $ Trump and $ Melania. This development has aroused ethical concerns about potential conflicts of interest.
When both Warren and Trump navigate in this complex landscape, industrial observers look strongly according to signs of changing politics in Washington.
The formation of a new “Krypto Task Force” within Sec and Trump’s appointments of pro-crust officials suggests that significant changes may be on the horizon.
Yesterday, Coinbase urged American bank regulators to clarify crypto banks to prevent de -banks of crypto companies and US regulatory authorities were alleged to have coordinated an attempt to de -banking crypto companies, a tactic called Operation ChoPoint 2.0.
