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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InThe US Federal Reserve has launched a 60-day public consultation period on a proposal designed to end the practice of debanking cryptocurrency firms. This initiative aims to dismantle the effects of 'Operation Chokepoint 2.0,' a perceived regulatory effort that sought to isolate the digital asset sector from traditional financial systems. By seeking public feedback, the Fed intends to establish a clearer regulatory framework that prevents the systematic exclusion of legal crypto businesses from essential banking services. The move is expected to significantly improve liquidity and operational stability for the industry, fostering deeper integration between digital assets and traditional finance. Market analysts view this development as a major bullish signal for instruments like BTC/USD and ETH/USD, as well as crypto-linked stocks such as COIN and MARA. This shift marks a pivotal moment in US financial policy, potentially ending years of banking uncertainty for the digital asset ecosystem.