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White House Crypto Czar David Sacks is calling it a big win for crypto—and it is 🇺🇸
The FDIC just axed “reputational risk,” a sneaky rule that let banks freeze out lawful crypto firms with no real reason.
No more backdoor debanking. No more regulatory gray zones. Banks can now work with crypto without begging for permission.
This shift crushes a key tool from Operation Chokepoint 2.0 and lines up with Senator Tim Scott’s FIRM Act and the OCC’s new stance.
Is this the moment crypto finally goes mainstream in U.S. finance?
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