I wish these articles would bring up the Fair Access To Banking Act, which could solve many of these problems if it can get passed. It seems to have widespread Republican support, which is enough to get it passed in the House. But it could still be killed in the Senate if the Democrats decide to filibuster. If the bill becomes popular in the media, there's less of a chance they'll shoot it down.
Credit is not banking. These rules are for crypto, not porno.
You are on tgw wrong ship.
Debanking happened to grifters trying to bring easy access grifts to everyone.
weberer · 38m ago
The bill has nothing to do with crypto. Its about banks and payment card networks.
cyanydeez · 18m ago
Banks for commercial purposes who lend money to crypto banks who inturn scam people into thinking crypto is an asset.
You really should be more careful with your understanding of who benefits.
It's definitely not you, unless you have a crypto startup looking to defraud customers for the next shitcoin launch.
weberer · 9m ago
You're either thinking of a different bill, or just making stuff up and trolling.
Go ahead and quote any part of the bill that mentions crypto. Its a relatively short bill that doesn't take more than 5 minutes to read. Look, I'll quote the part that relates to payment card networks.
>SEC. 5. Payment card network.
>(b) Prohibition.—No payment card network, including a subsidiary of a payment card network, may, directly or through any agent, processor, or licensed member of the network, by contract, requirement, condition, penalty, or otherwise, prohibit or inhibit the ability of any person who is in compliance with the law, including section 8 of this Act, to obtain access to services or products of the payment card network because of political or reputational risk considerations.
https://www.congress.gov/bill/119th-congress/senate-bill/401
You are on tgw wrong ship.
Debanking happened to grifters trying to bring easy access grifts to everyone.
You really should be more careful with your understanding of who benefits.
It's definitely not you, unless you have a crypto startup looking to defraud customers for the next shitcoin launch.
Go ahead and quote any part of the bill that mentions crypto. Its a relatively short bill that doesn't take more than 5 minutes to read. Look, I'll quote the part that relates to payment card networks.
>SEC. 5. Payment card network.
>(b) Prohibition.—No payment card network, including a subsidiary of a payment card network, may, directly or through any agent, processor, or licensed member of the network, by contract, requirement, condition, penalty, or otherwise, prohibit or inhibit the ability of any person who is in compliance with the law, including section 8 of this Act, to obtain access to services or products of the payment card network because of political or reputational risk considerations.
https://www.congress.gov/bill/119th-congress/senate-bill/401...