Just In: Jerome Powell Agrees to Work with Lawmakers to Address Crypto Debanking

The post Just In: Jerome Powell Agrees to Work with Lawmakers to Address Crypto Debanking appeared first on Coinpedia Fintech News

In a bold move, Federal Reserve Chair Jerome Powell has called for a “fresh look” at debanking, following criticism that the crypto industry is being denied access to banking services. Powell Agrees to Help End Crypto Debanking During a Senate Banking Committee hearing on Tuesday, Tim Scott, the committee’s Chair, asked Jerome Powell if he …