Dear Bitwage Community,
The cryptocurrency sector has been facing challenges due to increasing regulatory pressure on the US banking industry, in what many are calling “Operation Chokepoint 2.0”. This pressure has come in the form of SEC Wells Notices, closed-door conversations between regulators and banks, and restricting direct access from crypto-friendly banks to the Federal Reserve. In our commitment to providing you with the highest quality service, we have worked diligently to maintain stable banking relationships amidst this industry crackdown.