BITCOIN SEASON 2: Operation Chokepoint 2.0 Gets Choked Out

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CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 12 February 2025

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The crypto industry has been targeted for years – is Operation Chokepoint 2.0 finally at an end? You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com It’s now openly acknowledged that the crypto industry has been targeted for years by the previous administration’s Operation Chokepoint 2.0 scheme. Charlie & Colin discuss how last week’s hearing saw Senators Warren & Scott addressed the matter before the House Financial Services Committee. We explain how we got here and where we might go as an industry. Notes: • History of regulatory scrutiny • FTX Fallout • Operation Chokepoint 2.0 Hearing • Elizabeth Warren changes tune Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Chapters: 03:23 – Operation Choke Point 2.0: Background & FTX Fallout 07:20 – Nick Carter’s Revelations & Chokepoint Analysis 09:23 – Silvergate’s Story & the 15% Deposit Cap 18:09 – House Financial Services Committee Hearing Recap 25:05 – Elizabeth Warren’s Pivot & Broader Political Implications 42:41 – Future Outlook: Could There Be a Choke Point 3.0? - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:40.8	Start your free 30-day trial at audible.com slash Wondery UK.
0:45.7	That's audible.com slash Wondery UK. to Bitcoin Season 2.
1:04.6	Today we're talking about what you missed on the Operation Choke Point 2.0 hearings last week.
1:09.8	This is going to be a spicy one. But I guess we should
1:12.5	introduce ourselves first to the new Coin Desk audience. I'm Charlie. Colin. And we are Bitcoin
1:19.5	season two. It's about the new stuff happening on Bitcoin ordinals, layer two, some technical
1:24.2	discussion, the cultural evolution. Sometimes this podcast will get technical,
1:29.0	sometimes just going to be cultural, and we'll keep it surface level sometimes.
1:34.0	So usually this show for today would be an interview with Charlie with one of the shakers
1:39.1	and movers and what we call the Bitcoin Season 2 ecosystem, all of the new things happening
1:43.4	on Bitcoin. But for the first show on the Coin desk feed, we are doing Riders Room, which is a special
1:50.1	edition of Bitcoin Season 2, where Charlie and I cover the latest and hottest, spiciest news
1:56.6	and topics that are trending within the Bitcoin ecosystem.
	...

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