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The Bank Policy Institute, with Jamie Dimon as its Chairman, wrote @ewarren’s anti-crypto Bill, which banned the self-custody of Bitcoin.
As a matter of principle, ANYTHING the BPI is pushing should likely be opposed.
The Banks are SCARED of competition. I hope @coinbase @Ripple @krakenfx @UpholdInc etc all get banking licenses. Free market capitalism - with a level playing field - facilitates
competition - which in turn - fosters innovation which drives down costs for consumers.
Maybe Chokepoint 2.0 and the debanking of the First Family (per @EricTrump & @DonaldJTrumpJr) will help cause the @SecScottBessent @howardlutnick and the incoming Chairman of the @federalreserve (whoever that be) and President Trump @realDonaldTrump realize the entire American banking industry needs serious reform.

14.8. klo 06.00
This was no loophole and you know it. 376 Democrats and Republicans in the House and Senate rejected your unrestrained effort to avoid competition. So did one President. It's time to move on.
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