💥 Unmasking Operation Choke Point 2.0: Coinbase Takes the Stand! 💥

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Paul Grewal, Coinbase’s Chief Legal Officer (CLO), is bravely stepping into the congressional ring to testify against the notorious Operation Choke Point 2.0! This bold move is just one part of Coinbase’s cunning plan to weave a web of friendship between the crypto community and the US federal government. 🤝

Coinbase has been waging a legal war to exhume past grievances, yet they’re all geared up to play by the rules of any shiny new legislation. 🎲

Coinbase vs Operation Choke Point 2.0: A Crypto Showdown!

Operation Choke Point 2.0 is a regulatory runaway train, threatening the crypto world with a heavy-handed crackdown. This menacing scheme forced financial institutions to “debank” crypto businesses, and now they’re trying to resurrect it. 🚂

But fear not! The government has started digging into these claims, and Paul Grewal, Coinbase’s Chief Legal Officer (CLO), will valiantly stand against Operation Choke Point 2.0. 💼

“This week, Congress is tackling debanking head-on. To help, Coinbase submitted a letter explaining why bank regulators should remove ridiculous obstacles for crypto, benefiting the millions of Americans who use digital assets. We’ve moved beyond crypto being a financial sector outcast—it’s time for the federal code to catch up!” Grewal boldly declared.

Indeed, a thaw is in the air among US federal regulators. President Trump vowed to take on anti-crypto banking suppression, and the House Oversight Committee just announced a sweeping investigation into the matter. 🕵️‍♂️

Inspired by this progress, some community members are even sharing their own tales of systematic harassment after years of keeping quiet. 🗣️

But if there’s one true crypto champion in this fight, it’s Coinbase! Back in January, they forced the FDIC to cough up evidence of regulatory misconduct and accused them of hiding even more damning secrets. 🕵️‍♀️

Coinbase has set its sights higher than just stopping Operation Choke Point 2.0, though. This week, they’re pushing for “clear and consistent crypto banking rules,” replacing old grudges with a fresh, symbiotic relationship. 🤝

Grewal’s testimony, scheduled for Thursday, is just one piece of this grand master plan. 📅

“I’ll also be testifying on what we discovered from our FOIA lawsuit on Operation Chokepoint 2.0 before the House Committee on Financial Services. I’m thrilled to help expose the unfair treatment of our industry,” Grewal proclaimed.

While the crypto community has been up in arms against Operation Choke Point 2.0, Coinbase is more determined than ever. They’ve been relentlessly slamming outdated US policies and eagerly embracing new regulations. 📝

Coinbase envisions a bright future for the federal government and crypto community, and they’ve got a strategy to make it happen! 💡

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2025-02-04 23:36