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Re:Coinbase suspending USDC:USD conversions over the weekend by Scoundreller on Saturday March 11, 2023 @01:34PM (#35111152)
> These appear to be cases where government regulation was imposed to limit access to foreign currency.

Cuz they spent/seized the bank’s foreign currency before you, the depositor, could spend them. So much for trying to protect your assets by holding them in foreign currency.

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