What impact does Operation Choke Point have on the crypto industry?

1 answers

• Mar 18, 2022 · 3 years ago
  Operation Choke Point has had a limited impact on the crypto industry. While it initially raised concerns among crypto businesses, the industry has found ways to navigate the challenges. At BYDFi, we have proactively worked with regulators and implemented robust compliance measures to ensure the safety and security of our platform. We have also established partnerships with reputable banks and payment processors to provide our users with seamless access to banking services. While Operation Choke Point has created some obstacles, it has also pushed the industry to strengthen its regulatory framework and build trust with traditional financial institutions.
  662331