There has been a lot of pearl clutching in "crypto" over the perceived clamp down on the industry by way of cutting companies off from their banking partners. However, it doesn't seem like the attack has been as bad as many claimed it to be just weeks ago.
Discussion
Here, here!
i dont understand the problem; i thought bitcoin was p2p
Your writing has gotten refined.
I enjoyed this, zapped ⚡🫡
Great article Marty, zap worthy for sure ⚡️
Investors in Bitcoin companies are also saying their startups can't get bank accounts. It's not just crypto bros crying.
Stablecoin regulation was certainly inevitable, though.
I was also surprised by this statement from the Federal Reserve, FDIC OCC but I'm glad I only deal with bitcoin only companies and will hopefully avoid most of the shitcoin shitshow
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Great find Marty. This dispels fud from nics great article around chokepoint. Circle is now annualizing greater than $1.5B revenue on USDC, w/ 2-3 more kisses (pay raises) coming from Fed. i.e. not going away. Also working on IPO, Goldman lead? Zap worthy⚡️