Operation Choke Point is just a term used to refer to the USA government being against cryptocurrencies. Choke Point operations have commenced since Dec 6, 2022 closing Silvergate bank and Signature bank. The US government has also called for all companies to stay away from cryptocurrencies.
In March 2023 the SEC fined crypto exchange Kraken US$30 million, for providing unregistered staking services.
The SEC forced the BUSD issued by Paxos to be discontinued as it was deemed an unregistered security.
In early June 2022, it also demanded Coinbase and Binance US to delist 61 cryptos deemed as securities. Do you think that Operation Choke Point by the US government can slowly kill cryptocurrencies?
In March 2023 the SEC fined crypto exchange Kraken US$30 million, for providing unregistered staking services.
The SEC forced the BUSD issued by Paxos to be discontinued as it was deemed an unregistered security.
In early June 2022, it also demanded Coinbase and Binance US to delist 61 cryptos deemed as securities. Do you think that Operation Choke Point by the US government can slowly kill cryptocurrencies?