Banks Risk Hefty Fines for Crypto Discrimination Under Sweeping New Regulation
Regulators just dropped a bombshell on traditional finance—play nice with crypto, or pay the price.
The Crackdown Begins
No more shadow-banning crypto clients or slamming accounts shut without cause. Banks now face strict penalties for unfair treatment under a landmark anti-discrimination order. The message? Adapt or get fined into oblivion.
Wall Street's Worst Nightmare
After years of treating digital assets like radioactive waste, legacy institutions must finally acknowledge crypto's legitimacy. Ironic, considering how quickly those same banks will now spin up 'blockchain innovation' departments to avoid penalties.
The Fine Print
Watch for loopholes—some banks will likely implement 'compliance hurdles' so burdensome they achieve discrimination without technically breaking rules. Because nothing says 'financial inclusion' like requiring a notarized blood sample to buy Bitcoin.