TechFlow news, January 12 — According to a Cointelegraph report, new research reveals that most account closures in the United States result from government pressure rather than independent decisions by banks. Analyst Nicholas Anthony指出 that governments force financial institutions to close customer accounts through direct orders or indirect regulatory measures, with cryptocurrency businesses being particularly affected. The study recommends Congress reform the Bank Secrecy Act, eliminate relevant confidentiality provisions, and end reputation-risk-based regulation to reduce account closures and enhance transparency within the financial system.
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