FDIC resists transparency on Operation Chokepoint 2.0 — Coinbase CLO
09 Mar 2025
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Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration when crypto and tech founders were allegedly denied banking services, according to Coinbase chief legal officer Paul Grewal. The collapse of crypto-friendly banks in early 2023 sparked the first allegations of Operation Chokepoint 2.0. Critics,…

Bitcoin investors share mixed reactions to White House Crypto Summit
09 Mar 2025
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The Bitcoin community voiced mixed reactions to the March 7 White House Crypto Summit, with some investors characterizing it as a historic day for Bitcoin and cryptocurrencies, while others called the event underwhelming. Crypto trader Miles Deutscher said the event was a “massive net positive” for Bitcoin, despite the mixed reactions. Kyle Samani, the managing partner at…

David Sacks pushes back against idea of crypto transaction tax
09 Mar 2025
100 Views

White House crypto and AI czar David Sacks rejected the idea of taxes on each cryptocurrency transaction as a method of filling the US strategic Bitcoin reserve and crypto stockpile with digital assets. During a recent appearance on the All In Podcast, host Jason Calacanis proposed charging a 0.01% tax on every cryptocurrency transaction, which would be denominated in…