Cryptopolitan· Hannah Collymore·· 4 days agoSelectedAI score71
OCC says U.S. large banks restricted services to crypto firms and conditionally approved trust bank charters for 5 crypto companies
OCC says big banks debanked crypto as it charters crypto firms
AI brief
AI-assisted source summary · not independently verified. Content standards
An OCC report said that from 2020 to September 2025, 9 large U.S. banks had restricted services to crypto firms and customers in other lawful industries. The report listed digital assets as a restricted industry but provided no specific crypto examples, and OCC said it was unable to measure how widespread such practices were.
Why it matters
The report places large banks’ reputational risk policies and restrictions on services to crypto firms in the same regulatory context, and contrasts them with OCC’s conditional approval of trust bank charters for crypto companies.
Source:Cryptopolitan · cryptopolitan.com