DOJ Ends Operation Choke Point

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MitraMan
Posts: 19
Joined: Fri Jan 06, 2012 4:00 pm

DOJ Ends Operation Choke Point

Post by MitraMan » Mon Aug 21, 2017 5:33 pm

Many years the banking industry has refused services like credit card processing to Kratom industry due to operation Choke Point by the DOJ. That all came to an end on 08/16/2017 when the DOJ announced it has stopped targeting these business and asked the FDIC to withdraw their high risk list that were imposed on the banking industry. This will make it safer for customers and kratom vendors to do business online than ever before. The larger more reputable kratom dealers will now be able to get credit card processing from USA banks for their businesses ending the practice of processing credit cards overseas with less trustworthy banks.



http://www.politico.com/story/2017/08/1 ... int-241767

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