OCC: Nine Major US Banks Restricted Digital Asset Firms on Reputational Risk

TREE NEWS update: The Office of the Comptroller of the Currency said nine of the largest US national banks maintained policies that may have denied or restricted services based on political or religious views or lawful business activity, including digital asset firms, between 2020 and September 2025. JPMorgan, Bank of America, Citi, Wells Fargo, US Bancorp, Capital One, PNC, TD Bank and BMO were named in the review, which examined nearly 100,000 complaints and about 420,000 pages. OCC head Jonathan Gould said he was not confident the banks’ recent remediation was sufficient.