President Donald Trump said Thursday (Jan. 23) that he has heard complaints from conservatives that Bank of America and other banks will not do business with them. Addressing the World Economic Forum via teleconference and responding to a question from Bank of America Chair and...
Will Donald Trump’s return to the Oval Office bring a crackdown on “debanking?” As the Financial Times (FT) noted in an opinion piece Tuesday (Dec. 31), there’s a debate about the topic in the financial world, with people like venture capitalist Marc Andreessen arguing that banks are cutting ties...
The crypto market is running red hot as 2025 approaches. Bitcoin’s price last Thursday (Dec. 5) exceeded $100,000 for the first time. As of Wednesday (Dec. 11), the price of the digital asset remains above the $100,000 threshold. The achievement reflects more than just speculative...
FinTech and crypto investor Marc Andreessen kicked off a firestorm over the weekend by alleging, on Joe Rogan’s podcast, that those two sectors — and dozens of companies backed by his namesake firm, Andreessen Horowitz — were being fundamentally “debanked” by U.S. financial institutions (FIs)....
January 26, 2025
In 2023, America’s cryptocurrency crackdown caused venture capital firm Andreessen Horowitz to look overseas. Now, the company is shutting down its U.K. office amid a new focus on the U.S. crypto sector following Donald Trump’s election, the Financial Times reported Sunday (Jan. 26). The firm’s British office, announced in 2023, was its first outside the […]
January 23, 2025
President Donald Trump said Thursday (Jan. 23) that he has heard complaints from conservatives that Bank of America and other banks will not do business with them. Addressing the World...
December 31, 2024
Will Donald Trump’s return to the Oval Office bring a crackdown on “debanking?” As the Financial Times (FT) noted in an opinion piece Tuesday (Dec. 31), there’s a debate about the topic...
November 16, 2015
Marc Andreessen, a Facebook board member who has been on its board since 2008, appears to be shedding his weight in the company. Multiple media outlets, including Re/code, have reported in the...
