**Crypto Industry Faces Global Debanking Challenges**

The crypto sector is grappling with debanking threats under Operation Chokepoint 2.0. OKX's Jason Lau emphasizes the importance of building strong relationships with banks and regulators to counteract these challenges. Lau highlights that trust is crucial in the traditional financial world, and maintaining partnerships is key.

Debanking is a global issue, impacting innovation and free speech. In Australia, Binance faced sudden debanking, while in the UK, political views led to account closures. The UK government now demands banks provide clear reasons and notice for account closures, yet crypto firms still face hurdles.