Mithun’s co-founder and CEO Tyler Vinklevos has accused JP Morgan Chase & Company of stopping the onboard process of Crypto Exchange as a customer after his recent criticism of operating the bank. It marks one of the leading players of the Satan Crypto industry and the latest updates for the fast developing case between the largest bank in the US.
JP Morgan’s purpose is to silence us: Vinkalvos
In an X post on July 19, Tyler Vinkalwoss Blomberg said that JP Morgan and its CEO, James Dimon said that it has been told that American bank was about to start charging companies for customer data access. Mithun Boss claimed that the new fees were harmful, as they could finat the bankrupt who play an important role in connecting the customers’ bank accounts with crypto exchanges, enabling deposits and withdrawal.
Vinklevos states that “Open Banking Rules” reflects JP Morgan’s new policy law.
A week later, in a new post on 25 July, Tyler Vinklevos stated that JP Morgan has stopped the process of enrolling Gemini as a customer for these comments. This devil shut down the Crypto Exchange during Operation Chokpoint 2.0 after American banking giants.
Mithun’s co-founder said:
My tweet hit a nerve since last week. This week, JP Morgan told us that it was stopping his re-onboarding. @GEMNI As a customer, he closed us during Operation Chokpoint 2.0. They want we see that they try to take the right to secure @Plaid.
However, according to Bloomberg, JP Morgan claims that the new fee policy needs to enter the data.
American banks say:
We re -receive about two billion monthly requests for custom data from middlemen, and more than 90 percent are unrelated to a consumer using fintech services. Having a charging structure would be sensitive that the data is provided only when the custom is required, and that the data middleman is promoting a safe, safe data ecosystem, which we construct and magnetan -and that industry was created. ,
Following this devil, Crypto Enterusiests now involve to wait for more updates on the case, focusing on the creation of US President Trump’s Pro-Crypto business atmosphere.
Crypto market observation
At the time of writing, the total crypto market cap is priced at $ 3.84 trillion after 1.78% profit in the last 24 hours.
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