No more unjust closure. During his 4 years of the Presidency, Joe Biden waged a real counter -war war Use Gary Gensler (former President Dry). A war that was nicknamed ” Choke Point 2.0 Operation ». Among these scandalous methods existed in particular debancarization andFinancial exclusion Cryptos actors. But the Republican Senator Tim Scott go fight for sector Bitcoin (BTC), in prohibition Formally in banks these practices abuse (which happens illegal).
- Senator Tim Scott took a position against the practical scandal of “Debancarization) of the actors of Kryptos.
- A bill supported by Republicans could mean a historical breakthrough by the protection of crypts from banking discrimination.
Senator Tim Scott no longer wants to see the wilderness of the Kryptos actors in the US
” Debanking “Or debancarizationIn recent years, it has caused confusion in the cryptocurrency sector. Many cryptus societies found themselves without access to banking services traditionalWhich obviously complicates their activities. Real discrimination Anti-crepto.
Republican Senator of South Carolina, Tim ScottWho is also president Banking committee US Senate decided to respond to it injustice By deposit and charge aimed at preventing regulators in use ‘ Reputation risk »As a criterion for supervision of banks.
In other words, it is Avoid banks from rejecting their services for companies simply because they develop in the “controversial” sector as well as in cryptocurrencies Before Arrival Donald Trump in the White House.
A bill supported by Republicans, most at the US Congress
This Tim Scott Bill, justified Financial Integrity and Regulation ActOf course, it is supported by several other Senators of the Republican Party, of which Cynthia lummis AND Bernie Moreno.
Its aim is to protect not only Kryptos society, but also other industries that often focus on debating, such as armor (sale of firearms) or awakening creditors (Pawnshop).
“It is obvious that the federal regulators abused the reputation risk by implementing a political program against legal companies at the federal level. This bill, which eliminates all references to the regulation risk in regulatory supervision, is the first step to end debal once and for all. »»
Tim Scott, a Republican Senator from the State of South Carolina
Bill Tim Scott could therefore turn the turnover point In the way in which cryptos companies are processed by banks. By preventing regulatory bodies in the use of the “risk of reputation” as a supervisory criterion, this text could end up Practice that has strengthened the development of sector. Of course, it remains to ensure that this account is received By congressbut saus Most Republican parties (and procrypto) in the House of Representatives and the SenateThe chances seem to be good despite the systematic opposition of the Democrats.