The Federal Reserve of the United States has launched a 60-day public comment period on a proposal aimed at preventing banks from refusing to provide services to cryptocurrency companies solely on the basis of "reputational risk," thereby removing a major barrier for cryptocurrency companies to access banking services. The rule will require banks to make decisions based on measurable financial risks, a shift welcomed by supporters including Senator Cynthia Lummis. This move is seen as a response to the so-called "Choke Point 2.0," following the increasing integration of cryptocurrencies with traditional finance, such as the emergence of spot Bitcoin ETFs, which is expected to streamline business dealings between digital asset companies and banks.