CoinOtag
2025-11-24 05:40:09

JPMorgan Account Closure for Bitcoin Exec Renews Debanking Scrutiny After Trump Order

Crypto debanking refers to banks closing accounts of cryptocurrency executives without clear reasons, as seen in JPMorgan Chase's recent action against Strike CEO Jack Mallers. Despite a Trump executive order banning such practices, concerns persist about ongoing restrictions on the crypto sector. JPMorgan Chase closed accounts citing "concerning activity," echoing past debanking incidents in the [...]

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