Crypto debanking wave tied to political figures, Coinbase CEO Brian Armstrong alleges

Oluwapelumi Adejumo

Coinbase CEO Brian Armstrong has revealed ongoing efforts to obtain documentation through the Freedom of Information Act (FOIA) to uncover US banks’ full scope of crypto-related account closures. In a Nov. 27 post on X, Armstrong “confirmed” that several banks have cut ties with crypto stakeholders solely due to their involvement in the industry. He […]

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Crypto debanking wave tied to political figures, Coinbase CEO Brian Armstrong alleges