OCC review finds big banks debanked crypto firms

The OCC released the findings of its review of bank debanking practices, saying America's largest banks systematically restricted or denied services to lawful businesses between 2020 and September 2025. The review covered nearly 100,000 complaints and about 420,000 pages of bank documents, and put digital assets among the top six most-affected industries, alongside politically sensitive and other lawful businesses.

CoinDesk's Rebecca Rettig broke down the report, which researchers and industry advocates are calling a bombshell that confirms crypto firms were pushed out of the banking system at scale. The OCC's findings land alongside its separate push granting national trust charters to crypto firms, as Washington weighs how to restore banking access for the industry.