ChainCatcher news, Fox Business reporter Eleanor Terrett posted on social media that former Deputy Attorney General Donald Verrilli of the Obama administration stated that U.S. regulators are intentionally "debanking" the cryptocurrency industry: "Despite the urgent need for banking services in the digital asset industry, federal regulators have launched a coordinated effort to debank the industry."

ChainCatcher news, according to Protos, Harvard University professor and former chief financial advisor to the Obama administration Larry Summers has stated that he left DCG a few months ago. Summers joined DCG as a senior advisor in 2016, a year after the company was founded.In November, DCG's website still listed Larry Summers as a member of the company's advisory board, but this information has since been removed from DCG's website. Summers' personal website was updated on Wednesday, removing all references to his six-and-a-half-year relationship with DCG. (Source link)