The Blockchain Association, a U.S.-based group advocating for the cryptocurrency industry, has revealed that it has made Freedom of Information Act (FOIA) requests to a number of federal regulatory agencies as the association investigates what it calls improper attempts to keep crypto businesses from accessing banking services. The improper acts, the association asserts, could have played a role in the recent collapse of three major banks.
In its March 16 notice, the Blockchain Association reveals that its FOIA requests were sent to the Federal Deposit Insurance Corp. (FDIC), the Federal Reserve Bank system board and the Office of the Controller of Currency (OCC). Specifically, the association wants these regulators to furnish it with…
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