U.S. House lawmakers have expressed significant concerns over the government's 'Choke Point 2.0' initiative, which they argue unfairly targets the cryptocurrency industry. The initiative, perceived as a continuation of the original Operation Choke Point, is seen as a regulatory overreach that restricts access to banking services for crypto businesses. Lawmakers are calling for greater transparency and fairness in the application of financial regulations to ensure that legitimate businesses are not unduly affected.
U.S. Lawmakers Criticize 'Choke Point 2.0' Financial Policies
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