Anti Cripto Biast still exists, in spite of the lip service ‘

The Fed recently pulled the warning banks back in connection with the crypt of risks. Senator Sinthia Lummis called it “Lip Service”.

The The federal reserves pulled Restrictive guidelines on banks held by crypto means, but not everyone is convinced that the regulator takes a new direction. On Friday, April 25, the Senator Pro-Cripto Cinthia Lummis abolished fed for what she considers the performance of Bitcoin.

Lummis pointed out that Fed continues to block several cryptological banks on Master orders. These are special types of accounts that allow bats to participate directly in the Fed Payment System. This recently led to Custodia Crypto-Privredia Soking Feedstating unjustified delays in their master’s order for application.

The Fed did not withdraw the key instructions against BitCoin: Lummis

Senator also points to the fact that Fed uses a reputation risk when supervision of banks. This refers to certain industries that, while legally, unpopular and can damage the bank’s reputation. Looks like examples include an oil industry, marijuana industry and crypto.

This standard is controversial because it makes it difficult for legal companies to find banking partners. Lummis argues that the Company Office of COMPLAINER FROM CURRENCY AND CORPORATION FOR FEDERAL DEPOSITS recently stopped using the risk of reputation. However believes that hed is not.

Lummis also pointed out that Fed did not withdraw Article 9 (13) Policy Statement. This statement called Bitcoin and other crypto funds “insecure and insecure”. Finally, the Senator complained that the Feda staff behind the alleged operation “Chokepoint 2.0” continues to lead Fed.

Operation Chokepoint It refers to the supervised anti-crypto bias or a series of coordinated actions on behalf of American regulators within the Parliamentary Administration. During the mandate of Joe Biden, the CRIPTO companies complained that they thought that it was increasingly difficult to find banking partners in the United States, it stated a lot to score their services or look for bank partners in the coast.