“We certainly don’t want to take actions that would cause banks to terminate customers who are perfectly legal, just because of excess risk aversion [that’s] maybe related to regulation,” he said.
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No More Debanking? Fed Chair Says US Banks 'Perfectly Able' to Serve Crypto Customers
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Powell addressed concerns that crypto firms face difficulties accessing banking services, confirming the Federal Reserve does not intend to block legitimate companies from the financial system
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