{"id":27887,"date":"2024-07-05T13:31:14","date_gmt":"2024-07-05T13:31:14","guid":{"rendered":"https:\/\/www.duck9.com\/blog\/?p=27887"},"modified":"2024-07-05T09:31:43","modified_gmt":"2024-07-05T13:31:43","slug":"regulators-are-deliberately-debanking-crypto","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/","title":{"rendered":"Regulators Are Deliberately Debanking Crypto"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<div dir=\"ltr\">&#x1f6a8;NEW: Former Solicitor General under Obama, Donald Verrilli, says regulators are deliberately debanking #crypto:<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">\u201cDespite the digital asset industry&#8217;s pressing need for banking services, federal regulators have waged a concerted, coordinated campaign to debank the industry.\u201d<\/div>\n<p><a href=\"https:\/\/x.com\/eleanorterrett\/status\/1808981511019884707?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"500\" bgcolor=\"#ffffff\" style=\"border: 1px solid rgb(204, 214, 221); border-radius: 12px;\">\n<tbody>\n<tr>\n<td colspan=\"3\" height=\"12\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/x.com\/eleanorterrett?s=43\"><img loading=\"lazy\" decoding=\"async\" src=\"blob:applewebdata:\/\/80453292-68e9-4cdd-a203-4dedc78b1beb\/17473761-2a38-4eed-8541-c76cfc0178d3\" height=\"48\" width=\"48\" style=\"border-radius: 50%; padding: 0px;\" alt=\"pV8mk1ev_normal.jpg\" data-unique-identifier=\"\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width: 8px;\"><img decoding=\"async\" src=\"blob:applewebdata:\/\/80453292-68e9-4cdd-a203-4dedc78b1beb\/f371c2c4-a1ec-46e0-8241-8c23c10cbd94\" width=\"8\" alt=\"spacer.png\" data-unique-identifier=\"\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/x.com\/eleanorterrett?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: rgb(41, 44, 47); text-decoration: none;\">Eleanor Terrett<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/x.com\/eleanorterrett?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: rgb(126, 140, 152);\">\u2066\u202a@EleanorTerrett\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"blob:applewebdata:\/\/80453292-68e9-4cdd-a203-4dedc78b1beb\/098e6923-5991-42d3-ab2b-ab21b47889c3\" height=\"20\" width=\"24\" alt=\"logo_twitter-1497383721365.png\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height: 0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"blob:applewebdata:\/\/80453292-68e9-4cdd-a203-4dedc78b1beb\/9f8d0247-2083-4bc8-8abf-c19f25ac32fe\" width=\"464\" height=\"1\" alt=\"spacer_464x1-1582829598167.png\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif; color: rgb(41, 44, 47); font-size: 18px; line-height: 24px;\">&#x1f6a8;NEW: Former Solicitor General under Obama, Donald Verrilli, says regulators are deliberately debanking&nbsp;<a href=\"https:\/\/x.com\/search?q=%23crypto&amp;src=hash\">#crypto<\/a>:<\/p>\n<p>\u201cDespite the digital asset industry&#8217;s pressing need for banking services, federal regulators have waged a concerted, coordinated campaign to debank the industry.\u201d&nbsp;<a href=\"https:\/\/t.co\/vL6E5vqPRd\">pic.twitter.com\/vL6E5vqPRd<\/a><\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/x.com\/eleanorterrett\/status\/1808981511019884707?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\" style=\"font-family: Helvetica, Arial, san-serif; color: rgb(102, 119, 133); font-size: 14px; line-height: 18px; text-decoration: none;\">7\/4\/24, 4:49\u202fPM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" height=\"12\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><\/div>\n<div dir=\"ltr\"><\/div>\n<p><img decoding=\"async\" alt=\"image4.jpeg\" src=\"blob:applewebdata:\/\/80453292-68e9-4cdd-a203-4dedc78b1beb\/61a65171-360e-4bd1-9547-d8c60029289b\" data-unique-identifier=\"\"><br id=\"lineBreakAtBeginningOfSignature\"><\/p>\n<div dir=\"ltr\">\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\">WordPress\u2019d<\/span><\/div>\n<\/div>\n<p><a href=\"https:\/\/x.com\/eleanorterrett\/status\/1808994166514352339?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" style=\"border:1px solid #ccd6dd; border-radius: 12px;\" width=\"500\" bgcolor=\"#ffffff\">\n<tbody>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/x.com\/eleanorterrett?s=43\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1760329013107544064\/pV8mk1ev_normal.jpg\" style=\"border-radius: 50%; padding: 0px;\" height=\"48\" width=\"48\" data-unique-identifier=\"\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width:8px;\"><img decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/spacer.png\" width=\"8\" data-unique-identifier=\"\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/x.com\/eleanorterrett?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: #292c2f; text-decoration: none;\">Eleanor Terrett<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/x.com\/eleanorterrett?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: #7e8c98;\">\u2066\u202a@EleanorTerrett\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/logo_twitter-1497383721365.png\" height=\"20\" width=\"24\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/self_serve\/media\/spacer_464x1-1582829598167.png\" width=\"464\" height=\"1\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif;color: #292c2f; font-size: 18px; line-height: 24px; text-decoration: none;\">&#x1f6a8;NEW: Verrilli (Obama\u2019s Solicitor General who was in office during the original Operation Chokepoint) and Clement (Bush\u2019s Solicitor General) have clashed over a number of Supreme Court cases over the years but the pair have come together to support <a href=\"https:\/\/x.com\/custodiabank\">\u2066\u202a@custodiabank\u202c\u2069<\/a>, and the <a href=\"https:\/\/x.com\/search?q=%23crypto&amp;src=hash\">#crypto<\/a><\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/x.com\/eleanorterrett\/status\/1808994166514352339?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\" style=\"font-family: Helvetica, Arial, san-serif;color: #667785; font-size: 14px; line-height: 18px; text-decoration:none;\">7\/4\/24, 5:39\u202fPM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><img decoding=\"async\" alt=\"image0.jpeg\" src=\"blob:applewebdata:\/\/80453292-68e9-4cdd-a203-4dedc78b1beb\/43d9985c-80b6-45b8-b1f3-cb6a653f51d1\" data-unique-identifier=\"\"><img decoding=\"async\" alt=\"image1.jpeg\" src=\"blob:applewebdata:\/\/80453292-68e9-4cdd-a203-4dedc78b1beb\/18afbec2-8cc0-46a8-bbf9-914352bd43ce\" data-unique-identifier=\"\"><img decoding=\"async\" alt=\"image2.jpeg\" src=\"blob:applewebdata:\/\/80453292-68e9-4cdd-a203-4dedc78b1beb\/7f58fd6a-b6a9-4918-8602-9f3a193aafb9\" data-unique-identifier=\"\"><img decoding=\"async\" alt=\"image3.jpeg\" src=\"blob:applewebdata:\/\/80453292-68e9-4cdd-a203-4dedc78b1beb\/ed714410-3396-41dc-b71e-20089c774d6b\" data-unique-identifier=\"\"><\/div>\n<p><br id=\"lineBreakAtBeginningOfSignature\"><\/p>\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\">WordPress\u2019d from my personal iPhone,&nbsp;<a href=\"tel:650-283-8008\" dir=\"ltr\" x-apple-data-detectors=\"true\" x-apple-data-detectors-type=\"telephone\" x-apple-data-detectors-result=\"1\">650-283-8008<\/a>, number that&nbsp;Steve Jobs texted me on<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div dir=\"ltr\">\n<div><font color=\"#000000\"><span style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0);\">https:\/\/www.YouTube.com\/watch?v=ejeIz4EhoJ0<\/span><\/font><\/div>\n<div><span style=\"font-size: 13pt;\"><br \/><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\t\t<style>\n\t\t\t#gallery-1 {\n\t\t\t\tmargin: auto;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-item {\n\t\t\t\tfloat: left;\n\t\t\t\tmargin-top: 10px;\n\t\t\t\ttext-align: center;\n\t\t\t\twidth: 33%;\n\t\t\t}\n\t\t\t#gallery-1 img {\n\t\t\t\tborder: 2px solid #cfcfcf;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-caption {\n\t\t\t\tmargin-left: 0;\n\t\t\t}\n\t\t\t\/* see gallery_shortcode() in wp-includes\/media.php *\/\n\t\t<\/style>\n\t\t<div id='gallery-1' class='gallery galleryid-27887 gallery-columns-3 gallery-size-thumbnail'><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/spacer-6-15\/'><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/spacer-6.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/logo_twitter-1497383721365-6-15\/'><img loading=\"lazy\" decoding=\"async\" width=\"58\" height=\"48\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/logo_twitter-1497383721365-6.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/spacer_464x1-1582829598167-6-15\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"1\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/spacer_464x1-1582829598167-6-150x1.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" srcset=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/spacer_464x1-1582829598167-6-150x1.png 150w, https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/spacer_464x1-1582829598167-6-300x1.png 300w, https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/spacer_464x1-1582829598167-6.png 464w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/pv8mk1ev_normal-1\/'><img loading=\"lazy\" decoding=\"async\" width=\"48\" height=\"48\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/pV8mk1ev_normal-1.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/image0-9-39\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/image0-9-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" srcset=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/image0-9-150x150.jpeg 150w, https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/image0-9-300x300.jpeg 300w, https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/image0-9-768x768.jpeg 768w, https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/image0-9.jpeg 1024w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/image1-7-66\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/image1-7-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" \/><\/a>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/image2-6-58\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/image2-6-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/image3-5-49\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/image3-5-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.duck9.com\/blog\/regulators-are-deliberately-debanking-crypto\/image4-4-44\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/07\/image4-4-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" \/><\/a>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/>\n\t\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#x1f6a8;NEW: Former Solicitor General under Obama, Donald Verrilli, says regulators are deliberately debanking #crypto: \u201cDespite the digital asset industry&#8217;s pressing need for banking services, federal regulators have waged a concerted, coordinated campaign to debank the industry.\u201d &nbsp; &nbsp; Eleanor Terrett \u2066\u202a@EleanorTerrett\u202c\u2069 &#x1f6a8;NEW: Former Solicitor General under Obama, Donald Verrilli, says regulators are deliberately debanking&nbsp;#crypto: \u201cDespite [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27887","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/27887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=27887"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/27887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media\/27888"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=27887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=27887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=27887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}