With the collapse of three crypto-friendly banks, crypto businesses claim that evidence is mounting that the Biden administration is quietly moving to expel them from the United States. They have been warning about this for months.

The Central bank and other top controllers are forewarning banks about crypto’s dangers. The SEC is taking steps to sue the biggest advanced resource trade. Additionally, officials from the White House recently questioned whether digital tokens had any “fundamental value.”

The $1 trillion crypto industry is organizing a lobbying campaign to oppose efforts to discourage lenders from taking on “de-bank” digital asset businesses, which executives claim pose an existential threat.