A senior U.S. banking watchdog is calling out what they see as financial discrimination against the crypto sector. Their message? The practice of cutting off banking services to digital asset companies—and the broader trend of turning finance into a weapon—needs to stop, now.
This isn't just regulatory noise. When top-tier officials start pushing back against debanking tactics, it signals a potential shift in how traditional finance might treat blockchain businesses going forward. For years, crypto firms have struggled to maintain basic banking relationships, often finding accounts closed without clear explanation.
The phrase "weaponize finance" hits differently coming from someone inside the regulatory apparatus. It suggests an acknowledgment that denying access to the financial system has been used as a blunt instrument—one that might've gone too far. Whether this translates into actual policy changes remains to be seen, but the tone from Washington is clearly evolving.
For anyone building in Web3 or holding digital assets, this kind of regulatory commentary matters. Banking access isn't just a convenience—it's infrastructure. Without it, even legitimate projects get strangled before they can scale.
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WenAirdrop
· 12h ago
Someone finally dared to speak out. The issue of bank card restrictions should have been addressed a long time ago.
Wait, will this actually be implemented this time, or is it just talk?
Debanking has been going on for so many years. Thinking about stopping it now... it’s strange.
It sounds nice, but the key is whether Washington will take real action; otherwise, it’s just talk.
It’s unreasonable to see compliant projects being brutally shut down. Support for regulatory review is needed.
There are many cases where statements are made but quickly refuted. Let’s observe for now.
Financing is difficult, who still dares to build Web3 properly... If this policy really gets implemented, it will be hugely significant.
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BlockchainTherapist
· 12-11 01:54
Someone finally spoke out, debanking is really outrageous.
Wait, just talking about it, will Washington really change its policies? I'm skeptical.
Over these years, watching these projects get strangled because they don't have bank accounts, it's truly heartbreaking.
That being said, just talking won't do anything; real infrastructure support with actual funds is needed.
Waiting for good news, but don't get your hopes up too much; governments tend to sway back and forth, which is normal.
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FarmToRiches
· 12-11 01:53
Haha, someone finally said it. Debanking has long needed to be addressed.
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The Americans are also starting to admit defeat. Interesting.
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Nice words, but I don't know what real change can be made...
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Financial tools as weapons? It’s a bit late for everyone to wake up now.
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Bank cards get frozen easily. Building infrastructure? What a joke. This is infrastructure.
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Waiting to see if Washington will really take action.
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Talking big but it’s all just talk. If I believe you, I win.
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Layer2Observer
· 12-11 01:52
Let me look at the data before commenting. The remarks from U.S. financial regulators are indeed worth noting, but how far is the "attitude shift" from "actual policy"? We need to observe subsequent actions. The debanking issue definitely exists, but don't take it as a positive just yet — it depends on what the final outcome will be.
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SerumSquirter
· 12-11 01:50
Finally, someone dares to say it openly: the issue of bank card necks really needs to be regulated.
Wait, it sounds nice but will it really change... I'll just wait and see if there's a follow-up.
To hell with debanking—these past two years have been a real mess, accounts can be closed just like that.
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CryptoGoldmine
· 12-11 01:40
From the perspective of the infrastructure logic of the computing power network, the bank port is like the stability of the mining pool. Once cut off, the entire revenue system collapses.
The shift in regulatory attitude is indeed worth paying attention to, but policy implementation still depends on time. Talking without action isn't helpful for projects that are actually under construction.
In the past two years, the debanking crackdown has been quite outrageous, with many compliant projects being forcibly stalled. Now, official statements at least indicate that the issues have been recognized.
Regardless, the availability of financial infrastructure directly impacts the ROI cycle. Once this is streamlined, it will significantly improve the investment returns for the entire ecosystem.
Rather than listening to what officials say, it's better to watch what they do. Practical policy implementation is the key to changing the current situation.
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fren.eth
· 12-11 01:40
Finally someone spoke out, debanking this trick should have stopped a long time ago
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It's a bit late for Washington to say this now, many projects have already been destroyed
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Wait, are they really going to change or just saying it? Let's observe and see
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That's why we need on-chain finance, don't expect traditional finance to have a conscience
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Finance as a weapon... indeed, we've seen enough in recent years
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The good news is that someone has heard, the bad news is that it might still take a long time to truly change
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That line about infrastructure hits the mark; without bank support, projects simply can't get off the ground
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The softening of regulatory attitude is a good thing, but the key still depends on how the people below implement it
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Those project teams who had their accounts unjustly closed before can now smile
A senior U.S. banking watchdog is calling out what they see as financial discrimination against the crypto sector. Their message? The practice of cutting off banking services to digital asset companies—and the broader trend of turning finance into a weapon—needs to stop, now.
This isn't just regulatory noise. When top-tier officials start pushing back against debanking tactics, it signals a potential shift in how traditional finance might treat blockchain businesses going forward. For years, crypto firms have struggled to maintain basic banking relationships, often finding accounts closed without clear explanation.
The phrase "weaponize finance" hits differently coming from someone inside the regulatory apparatus. It suggests an acknowledgment that denying access to the financial system has been used as a blunt instrument—one that might've gone too far. Whether this translates into actual policy changes remains to be seen, but the tone from Washington is clearly evolving.
For anyone building in Web3 or holding digital assets, this kind of regulatory commentary matters. Banking access isn't just a convenience—it's infrastructure. Without it, even legitimate projects get strangled before they can scale.