OCC Review Finds Nine Banks Restricted Service to Digital-Asset Firms

The Office of the Comptroller of the Currency found that policies at nine major U.S. banks may have restricted services to digital-asset firms, raising questions about how banks assess lawful businesses’ access to financial services. The policies covered the period from 2020 through September 2025. The banks named were JPMorgan Chase, Bank of America, Citi, Wells Fargo, U.S. Bancorp, Capital One, PNC, TD Bank and BMO. The review also identified oil and gas, coal, firearms and ammunition, detention facilities, and tobacco among industries affected by policies tied to political or religious views or lawful business activity.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.