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The ongoing debate surrounding the banking access of cryptocurrency businesses has reached a decisive moment, as Rep. French Hill has announced intentions to deepen inquiry into the regulatory atmosphere that allegedly seeks to sever these firms from crucial financial services. This mission mirrors concerns voiced by notable industry stakeholders, underscoring the mounting unease about the
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The founders of Andreessen Horowitz (a16z), Ben Horowitz and Marc Andreessen, recently spoke out about the challenges faced by the crypto industry under the current administration. They openly criticized the Biden-Harris Administration’s handling of the cryptocurrency sector, pointing out a series of regulatory issues that they believe are hindering innovation and growth in the industry.