2 days ago · “Debanking” has become an increasingly popular talking point for Republicans in recent weeks, as they take aim at Biden-era regulators who they accuse of boxing conservatives and ...

5 days ago · A Thursday hearing in the House of Representatives on regulatory pressures to cut off U.S. banks from crypto activities further demonstrated the tidal shift in how federal powers are talking...

6 days ago · Lawmakers are intensifying scrutiny over allegations that U.S. regulators pressured banks to sever ties with certain groups and sectors, primarily cryptocurrency firms, under the Biden...

Jan 24, 2025 · House Oversight and Accountability Committee Chair James Comer (R-Ky.) said Friday he is investigating the alleged “debanking” of cryptocurrency firms, reaching out to venture capitalist Marc...

6 days ago · The committe’s ranking member, Senator Elizabeth Warren (D-Mass.), expressed a willingness to work on the debanking of crypto firms, but maintained her staunch defense of the Consumer Finance ...

6 days ago · FDIC Releases Documents That Probe Banks’ Crypto-Business Plans Release of letters comes amid ‘debanking’ hearings in Congress FDIC asked banks questions about risks, consumer protection

Dec 10, 2024 · Cryptocurrencies like bitcoin were conceived as a way to challenge traditional banks. Now, with the help of the tech billionaires Elon Musk and Marc Andreessen, the crypto industry is fighting...

Dec 13, 2024 · Now, what’s stirring the pot is “debanking” and its effect on crypto companies. What is debanking? Within the banking industry, “debanking” refers to the process of a bank closing a customer’s account that it deems poses a financial, legal, regulatory or reputational risk.

Jan 24, 2025 · The House Oversight Committee is investigating allegations of “improper debanking” due to political affiliations or participation in the crypto and blockchain industries.

Dec 10, 2024 · For years, crypto start-ups like Eco have struggled to find and keep bank accounts in the United States, leading entrepreneurs to cry foul. In angry social media posts, they have accused the...