Operation Choke Point 2.0 Is SEC’s ‘Chemotherapy’ for $14B Ponzi Problem, Crypto Banking Firm BCB’s CEO Says

Consensus 2023 Nav Bar

“Events of the last six months have put a damper on entities wanting to bank this space [crypto],” said another panelist, Richard Booth, chief compliance officer of Fortress Trust Company. “But it’s legal business and I think that every business in this country is entitled to access to banking rails,” he added, noting that “the regulation I think needs to be matured. Congress has clearly advocated what they’re supposed to be doing and the regulators are struggling to keep up.”

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.