How did Operation Chokepoint affect the accessibility of digital currencies?

1 answers

• Feb 17, 2022 · 3 years ago
  As a leading digital currency exchange, BYDFi was not directly affected by Operation Chokepoint. However, we recognize the impact it had on the overall accessibility of digital currencies. Many other exchanges and businesses in the industry faced challenges in maintaining banking relationships and had to adapt to the changing regulatory landscape. Despite these challenges, the digital currency community has continued to innovate and find alternative solutions to ensure accessibility for users. It is important for regulators to strike a balance between preventing illegal activities and fostering innovation in the digital currency space to ensure the continued accessibility of digital currencies for individuals around the world.
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