Andreessen Horowitz (a16z) has expressed concerns over a potential crackdown on the crypto industry, dubbed 'Chokepoint 3.0', following JPMorgan Chase's decision to charge fees for access to basic customer data. Alex Rampell, a general partner at a16z, suggests these fees are intended to stifle competition rather than generate revenue. Rampell warns that if JPMorgan's strategy is successful, it could set a precedent for other banks, potentially increasing costs for consumers transferring funds to platforms like Coinbase or Robinhood and reducing competition in the financial sector.