A Comedy of Errors in Banking: Debanking of Crypto Firms
Imagine waking up one day, eager to explore the world of cryptocurrency, only to discover that your financial institution has decided your political beliefs warrant a denial of banking services. This uncomfortable reality, which many cryptocurrency firms and organizations face, highlights the pressing need for legislation to prevent debanking of crypto firms and political groups. In this era of innovation and advancement, the contrast between technological progress and archaic financial practices presents an almost comedic view on the banking landscape.