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Former deputy attorney general in Obama administration: US regulators are trying to force the crypto industry to "debank"

Fox Business reporter Eleanor Terrett posted on social media that Donald Verrilli, a former deputy attorney general in the Obama administration, said that U.S. regulators are targeting the cryptocurrency industry to "debank," and that despite the digital asset industry's urgent need for banking services, federal regulators have launched a coordinated effort to debank the industry.