Debanking poses significant challenges for crypto startups, particularly smaller ones lacking resources. Ledn co-founder Mauricio di Bartolomeo emphasizes the necessity of strict regulatory compliance, advising startups to seek affordable legal counsel and consider international banking options. Amidst Operation Chokepoint 2.0, which saw over 30 tech founders debanked, the FDIC faced criticism for pressuring banks to limit crypto activities, raising concerns about stifling innovation.
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