Section 10 of the SAFER Banking Act is more than just a stronger legal requirement; it’s a statement of intent. It signals the end of an era where discriminatory banking practices stifled innovation and forced legitimate businesses to look elsewhere, usually overseas, for support. By ensuring that personal beliefs and political motivations have no place in banking decisions, it lays the foundation for a more inclusive, fair, and innovative financial landscape in the U.S. It’s not just a win for the digital asset industry; it’s a win for the very ideals of fairness and justice that our nation holds dear.
zkSNACKS, Developer of Privacy Focussed Wasabi Wallet, Blocks U.S. Citizens and Residents
This all follows the arrest of Tornado Cash co-founder Roman Storm, who faces allegations of money laundering and sanctions violations,...