Crypto Council Not Surprised CFTC Is Targeting Binance

The transcript discusses the CFTC's allegations against Binance, highlighting the regulatory challenges and potential fallout for the crypto industry. It explores the intentions of regulators, the impact on good actors, and the broader implications for the US market. The discussion also covers the challenges crypto companies face in banking and the market's reaction to these regulatory actions.

In what ways does the text indicate that the current regulatory environment may impact innovation in the crypto industry?

What are the implications of the term 'Operation Choke Point' as mentioned in the text?

How does the text describe the current state of banking relationships with crypto companies?