Repeat guest Zach Kelman joins the show to break down the contemporary effects of Operation Choke Point from his perspective as a lawyer having worked in compliance and regulatory for large financial institutions. In this episode:
- The (pre)history of Choke Point – and how it wasn't a bolt from the blue
- How Choke Point was mechanically enforced against the banks
- Why industry-wide politicization of financial services is a poor policy to pursue
- How Choke Point lasted far beyond its original mandate
- Have banks been permanently politicized as a result of OCP?
- How Choke Point's effects are being felt in the crypto industry
- What to expect on an ongoing basis
Prior episodes in the Choke Point 2.0 series
On The Brink with Castle Island