The Federal Reserve takes enforcement action against crypto-friendly banks, and the sincerity of the Harris campaign is questioned

2024/08/11 08:14

Odaily News The U.S. Federal Reserve has taken enforcement action against customer banks that support cryptocurrencies, requiring them to give 30 days’ notice before establishing new banking relationships with cryptocurrency companies. This move raises questions about the sincerity of Vice President Harris’ campaign team in repairing relations with the cryptocurrency industry. Gemini co-founder Tyler Winklevoss and Cardano founder Charles Hoskinson both said that the current U.S. government is hostile to the crypto industry and warned voters that supporting Harris may be detrimental to the U.S. crypto industry. (Cointelegraph)

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