The Republican Party in the United States criticizes "Operation Choke Point 2.0" and pushes for clarification of encryption regulatory legislation.

ForkMonger

2025-12-02 02:20:15

Abstract generation in progress

[Coin World] There has been new movement from the U.S. Congress. Recently, Republican lawmakers issued a report, directly criticizing the regulatory agencies of the previous administration—stating that they used vague rules and heavy-handed enforcement methods to push banks to shut their doors to Crypto Assets clients. This operation has been described as “Suffocation Operation 2.0.”

The solutions proposed in the report are quite clear: it is hoped that Congress will quickly pass legislation such as the “Digital Asset Market Structure Act.” After all, what the industry needs is clear rules of the game, not ambiguous regulatory attitudes. If this can really be advanced, it could be a turning point for the compliance environment of the entire crypto market.

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SmartContractPhobia

· 5h ago

Finally, someone has stepped up to speak the truth. These past few years have been tough under the regulatory bodies. Seriously, banks have run away, and retail investors don't stand a chance. Legislation should have been clarified a long time ago; no more of that vague nonsense. Is the Republican Party serious this time? Or is it just empty talk again? If it really gets passed, the market will directly To da moon. Alright, I'm optimistic about this move. Once the compliance environment is clarified, the project party will dare to act. That said, putting it into practice is another matter altogether. But it's already much better than this vague situation; I can't stand it. Hurry up and push it forward; if it drags on, it will be 2025. This is clear regulation, which is better than suppressing things behind the scenes. Waiting for the bill to come out, it's just around the corner.

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GhostAddressMiner

· 5h ago

Another trap like this? I've heard the talk about clear regulatory legislation too many times; the key is to watch how those large addresses move - the capital migration trajectory before and after the Congress passes the bill is the real signal.

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OnchainDetectiveBing

· 6h ago

Finally, someone has come out to speak. The previous pile of ambiguous rules was really disgusting. We all saw the bank closures; now, it's not easy to have legislative push, I hope it won't be just a lot of noise with little action. Clear rules are good for everyone; I don't understand why it had to be so complicated before. If this really goes through, it could be a turning point, but speaking of Congress's efficiency... do you have confidence in that? Haha. What we really need is someone to break the deadlock, and finally, I've seen some action. But I hope they won't create new pitfalls; I'm already scared of being trapped. The regulation in these past few years has truly been a roller coaster, and clear legislation is indeed something urgently needed.

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