Coinbase discovered more than 20 instances where US regulators advised banks to avoid crypto services. 🚫

- Coinbase filed FOIA requests against the FDIC, demanding the disclosure of information regarding pressure on banks.

- Coinbase's Chief Legal Officer, Paul Grewal, stated that the public deserves transparency.

- The FDIC doubts banks' risk assessments and advises suspending crypto services until audits are completed.

Source: Paul Grewal