Trump Challenges Digital Asset Banking, OCC Emphasizes Industry Restrictions
U.S. President Donald Trump has challenged banking practices related to digital assets, leading the Office of the Comptroller of the Currency (OCC) to release a report. The report reviews the practices of major U.S. banks from 2020 to 2023, highlighting restrictions on controversial industries. Banks like JPMorgan Chase, Bank of America, and Citigroup are noted for setting higher entry barriers. The OCC warns of potential penalties for illegal 'de-banking' and may refer cases to the Attorney General, though specific legal violations remain unclear.
12/11/2025 09:26