Breaking: Word just dropped from US banking watchdogs—JP Morgan, BofA, and Citi might be staring down penalties for cutting off crypto companies from banking services.



Looks like the tables are turning. These Wall Street giants spent years slamming the door on digital asset firms, and now regulators are asking questions. The debanking drama that's been haunting the industry could finally see some accountability.

This shift signals a potential reset in how traditional finance treats crypto businesses stateside.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
ChainMaskedRidervip
· 12-13 06:14
Haha, finally here. These big banks have been holding back for so long; it's time they learn a lesson. JPMorgan and others want to choke us? It's good that regulation hasn't fallen asleep this time. We've been talking about de-banking for so long; now it's their turn to be "de-". But don't be too happy. These guys can team up just as easily. I want to see how they explain this. Let's wait until the fines are actually imposed; paper promises are the least useful. If this turnaround can truly break the deadlock, that would be great. Traditional finance is finally tasting the thrill. By the way, where did this news come from? Is there solid evidence, or is it just another empty bluff?
View OriginalReply0
SundayDegenvip
· 12-13 03:57
Wow, finally it's happening. These big banks have played this game for so many years, and now they're finally going to get slapped on the wrist. Speaking of which, if regulatory agencies really get serious, our industry will have a chance to survive. Wall Street has been playing their tricks for long enough, now it's their turn to be "debanked." JPMorgan Chase and others are in trouble now, haha. We've been suppressed for years, and now we're hitting back with a big blow. But honestly, just fines aren't enough; they need to genuinely change their attitude. Finally, someone is starting to regulate these old-school traditional finance players, about time. If this wave can really turn things around, it shows that the trend is unstoppable.
View OriginalReply0
VCsSuckMyLiquidityvip
· 12-11 01:51
Haha, finally someone is taking care of these guys from traditional finance. It was long overdue. --- JPMorgan and others have been playing their tricks for so many years. Now the tide has turned? But I still don’t quite believe it. --- Honestly, the regulatory authorities' actions are a bit late. Many projects have already gone bankrupt. --- De-bankification has been talked about for over two years. Is real accountability just beginning? It’s way too late to wake up now. --- Let’s wait until the penalties are enforced. Talking about a turnaround now is a bit too optimistic. --- Why were these big banks so arrogant before? Now they’re starting to be afraid? --- It's a classic big fish eating small fish situation. They only started demanding rectification now, but small and medium projects have already been wiped out. --- Instead of calling it accountability, it’s more like political games, right? Can it really change anything? --- Reset? I think it’s more like changing the method to continue cutting the leeks.
View OriginalReply0
CountdownToBrokevip
· 12-11 01:50
Wow, big banks are finally going to get fined? What's this, isn't the karma a bit late? JPM has been heavily censored these years, now it's their turn to get in trouble, nice! Honestly, the "debanking" issue should have been addressed long ago; these whales have been bullying for too long. Finally, someone dares to go after Wall Street, now that's more like it. Can this change last? I feel like it's just a flash in the pan. But it's definitely better than doing nothing; at least there's a signal. Let's wait and see what happens next, don't let it turn into a passing shower and wet the ground again.
View OriginalReply0
AmateurDAOWatchervip
· 12-11 01:47
Ha, finally someone dares to mess with these old antiques, they should have been cleaned up long ago Wait, is this real? Are the regulatory authorities not just putting on a show this time... De-banking has been suppressed for too long, feels like everyone has almost forgotten what the industry is fighting for JPMorgan Chase and others must be freaking out now, serves them right This means traditional finance has to reevaluate us, the trend has changed The turn of events as if chosen by fate, is this no longer a dream? Where are the promised penalties, what kind of outcome would count as true punishment Wall Street cowards, hiding before, now caught The information gap is too big, it feels like a change is coming Finally waiting for this moment, I was almost hopeless Banks: We might have made a mistake... Crypto circle: You just realized it now? Is this serious, or just another show?
View OriginalReply0
WenAirdropvip
· 12-11 01:46
Finally! The big banks are being held accountable. After so many years, someone is finally taking action. Oh my god, JPMorgan and others must be panicking now. Just thinking about it feels good. The de-banking movement should have been addressed long ago. People in the crypto space have had it tough. Wait, can this really be implemented, or is it just another verbal warning... Wall Street folks have truly crossed the line; they deserve to be fined and penalized. This time is different. Regulatory agencies have finally taken a stand. It's good news, everyone. Humans have tried to monopolize finance for many years, but now their influence is waning. It feels like a turning point has arrived. The crypto spring might really be coming.
View OriginalReply0
LightningAllInHerovip
· 12-11 01:30
Finally! These big banks have been holding back for so long, now they're about to get beaten up. Nice. The game of de-banking has been played for so long, it's time for someone to put a stop to it. But... can regulation really control them? Or are they just a paper tiger? Did Wall Street make concessions? I find it hard to believe. It's still too early to talk about a reset; let's wait until the fines are actually imposed. If this is real, is the crypto spring coming? JPMorgan and others are scared, haha.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)