UPDATED SUN 18 OCT · 00:32 UTCLIVE
PolicyMedium

OCC Report: Big Banks Systematically Debanked Crypto 2020–2025

The OCC reviewed 100,000 complaints and found America's largest banks debanked lawful businesses — including crypto companies — systematically over a five-year period.

What we know

@CoinDesk reported that the OCC's review found major US banks engaged in systematic debanking of lawful businesses from 2020 to 2025, with digital assets ranking in the top six most-affected industries. Rebecca Rettig described the report as a 'bombshell.' This has significant implications for crypto regulatory narratives, particularly around Operation Chokepoint 2.0 claims that were previously dismissed by legacy media.

Sources

@CoinDesk

“The OCC reviewed 100,000 complaints and found America's biggest banks systematically debanked lawful businesses from 2020 to 2025. Digital assets made the top six most-affected industries.”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.