Bearish
JPMorgan and Strike CEO Jack Mallers Avoid Questions on Bitcoin 'Debanking' Controversy
01.12.2025 20:48
Key figures from JPMorgan and the Bitcoin payment platform Strike, including CEO Jack Mallers, have declined to address growing concerns over 'debanking' practices. This silence follows reports of financial institutions severing ties with cryptocurrency-related businesses. The lack of commentary from major traditional finance and crypto industry leaders leaves unanswered questions about the stability of banking access for digital asset companies. Observers note that such disruptions could impact services like Bitcoin (BTC) transactions and Lightning Network adoption, highlighting ongoing tensions between the legacy banking sector and the crypto ecosystem.
Keywords: debanking, JPMorgan, Jack Mallers, Strike, Bitcoin, BTC, banking, cryptocurrency, Lightning Network, financial services, crypto companies