Senator Cynthia Lummis praised the FDIC for releasing regulatory documents, saying it would end Chokepoint 2.0."

Crypto 7x24

2025-02-06 00:17:03

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Internet reports that U.S. Senator Cynthia Lummis of Wyoming tweeted praising the FDIC for quickly releasing encryption regulatory documents. She thanked Acting FDIC Chairman Hill and the President for their commitment to government transparency and said it marked the end of the "Chokepoint 2.0" operation. The action has previously been criticized as a disguised crackdown by regulators on the crypto industry.

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