Former Obama Administration Deputy Attorney General: US Regulators Are Trying to Force Crypto Industry to “Debank”

Fox Business reporter Eleanor Terrett posted on social media that former Deputy Attorney General of the Obama administration, Donald Verrilli, said that US regulatory agencies are selectively "debanking" the cryptocurrency industry. Despite the urgent need for banking services in the digital asset industry, federal regulators have launched a coordinated effort to "debank" the industry.