What is 'debanking,' and why is the crypto industry upset?

(NewsNation) — From Elon Musk's Trump-appointed government position to Jeff Bezos' $1 million Trump inauguration donation, the tech and political worlds have been colliding in Washington.

Now, what's stirring the pot is "debanking" and its effect on crypto companies.

What is debanking?

Within the banking industry, "debanking" refers to the process of a bank closing a customer's account that it deems poses a financial, legal, regulatory or reputational risk. One example...