Former Obama Administration Deputy Attorney General: US Regulators Are Trying to Force Crypto Industry to Debank

Odaily News Fox Business reporter Eleanor Terrett wrote on X that Donald Verrilli, former deputy attorney general of the Obama administration, said that U.S. regulators are specifically targeting the cryptocurrency industry to "debank": "Despite the digital asset industry's urgent need for banking services, federal regulators have launched a coordinated campaign to debank the industry."