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Regulation

Crypto debanking: OCC finds bank restrictions but cannot gauge full scale

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The US Office of the Comptroller of the Currency has identified bank policies restricting digital asset businesses in a 47-page review of nine major banks, but has been unable to measure the full extent of debanking. Nine major banks were reviewed, but the OCC could not quantify debanking across the financial system. Digital asset issuers, exchanges and administrators faced restrictions often linked to financial crime concerns. The report provided no specific examples of debanking tied to digital asset activities. The review followed President Donald Trump’s August 2025 executive order against unlawful debanking.

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