OCC Finds Debanking Policies at Nine Major US Banks
The US Office of the Comptroller of the Currency reviewed nine major banks and found policies that restricted digital asset businesses, while saying it could not measure the full scale of the practice. Its report also linked crypto-related debanking with restrictions connected to oil, gas, and firearms. [50392] [50153]
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Banks and digital asset businesses are the immediate parties affected, because the OCC review points to bank policies that restricted those businesses. That means the restriction is visible in the policy layer today, even though the report does not quantify how broadly it applies.
What remains open is how many crypto-related debanking cases exist beyond the review and whether they are distinct from the report’s references to oil, gas, and firearms. A fuller record of specific examples would be needed to settle that, and this report does not provide them. (per cointelegraph.com)
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Cointelegraph
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Crypto Economy
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