Congressman Emmer attacks FDIC for weaponizing bank closures to attack crypto
Crypto O congressista Emmer ataca o FDIC por armar fechamentos de bancos para atacar criptomoedas Segundo 57 atrás Notícias do Bitcoin Ethereum Tom Emmer, Republican Congressman for Minnesota, wrote a letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), Mark Gruenberg, on March 15 expressing his concerns about the recent closures of digital asset and tech-centered banks like Silvergate, Signature Bank, and Silicon Valley Bank. FDIC weaponizing banks Emmer shared the letter on Twitter, declaring that “the FDIC is weaponizing recent instability in the banking sector to purge legal crypto activity from the U.S.” The Congressman believes federal financial regulators have weaponized their authority to purge legal digital asset entities and opportunities from the U.S., leading to broader economic instability. Fonte: Twitter In the letter, he also questioned the allegation that the FDIC instructed banks not to provide crypto firms with banking services and asked whether they have communicated to any banks that their supervision will be “more onerous” if they take on new or maintain existing digital assets clients. He also asked what guidance the FDIC has provided to financial institutions to “help them manage and mitigate the risks of rising rates,” comparing the “risky” volatility in crypto with the current state of traditional assets. Emmer is