OCC report finds debanking efforts tied to crypto activities

What happened: The US Office of the Comptroller of the Currency released a report on debanking, listing digital assets alongside oil, gas, tobacco and firearms as activities tied to bank restrictions on services. Key numbers: Report released Wednesday, 47 pages, based on a review of nine major banks. August 2025 executive order. Why it matters: The OCC said it could not comprehensively quantify the full extent of debanking, and the report gave no specific crypto examples. Agency head Jonathan Gould focused on debanking tied to coal and firearms.

The US Office of the Comptroller of the Currency released a report on debanking, listing digital assets alongside oil, gas, tobacco and firearms as activities tied to bank restrictions on services.

The OCC said it could not comprehensively quantify the full extent of debanking, and the report gave no specific crypto examples. Agency head Jonathan Gould focused on debanking tied to coal and firearms.