The Office of the Comptroller of the Currency released a report examining debanking practices by major U.S. banks. The crypto industry faced systematic account closures under what became known as Operation Choke Point 2.0, targeting both companies and individuals linked to digital assets.
The report mentions digital assets only four times, instead focusing primarily on banking denials based on religious views (such as anti-LGBTQ organizations) and political affiliations (including MAGA merchandise sellers).
The OCC findings document discriminatory banking practices that affected multiple sectors in recent years, with $BTC and crypto businesses among those denied services.
The report mentions digital assets only four times, instead focusing primarily on banking denials based on religious views (such as anti-LGBTQ organizations) and political affiliations (including MAGA merchandise sellers).
The OCC findings document discriminatory banking practices that affected multiple sectors in recent years, with $BTC and crypto businesses among those denied services.