logo
welcome
CoinGape

CoinGape

Tim Scott to Dethrone Senator Warren, End of Operation Choke Point 2.0?

CoinGape
Summary
Nutrition label

58% Informative

South Carolina Senator Tim Scott will replace anti-crypto Massachusetts Senator Elizabeth Warren as the head of the Senate Banking Committee .

Scott ’s new role may lead to investigations into “ Operation Chokepoint 2.0,”which restricted crypto firms’ banking access.

With rumors of SEC Chair Gary Gensler 's potential departure, many anticipate the SEC to drop the lawsuits against crypto firms like Ripple, Binance , Coinbase , and others.