The post U.S. Banks Face Scrutiny Over Crypto Sector Restrictions appeared on BitcoinEthereumNews.com. Key Points: OCC investigates major banks for potential crypto sector discrimination. Findings could lead to Department of Justice involvement. Regulatory shifts likely to impact financial services access. The Office of the Comptroller of the Currency reported that from 2020 to 2023, the largest U.S. banks restricted financial services to politically sensitive industries, including cryptocurrencies, spurring continued investigation. Amid regulatory scrutiny, these constraints could drive cryptocurrency firms towards alternative financial infrastructures, highlighting ongoing tensions between traditional finance and digital asset sectors. Market Reactions and Potential DOJ Involvement According to OCC findings from 2020 to 2023, nine U.S. banks, such as JPMorgan Chase and Bank of America, were implementing restrictions on sectors deemed controversial, particularly cryptocurrency. These banks reportedly used improper criteria for service denial. Changes in banking policies are expected, with the OCC potentially submitting findings to the Department of Justice for further action. This scrutiny could lead to significant regulatory shifts affecting sector access to financial services. “The Office of the Comptroller of the Currency (OCC) today confirmed permissible bank activities related to paying crypto-asset network fees.” Market Insights and Future Predictions Did you know? In 2018, a similar OCC investigation led to policy changes, highlighting systemic biases in banking access for controversial industries. According to CoinMarketCap, Bitcoin (BTC) priced at $90,296.49, holds a market cap of $1,802,366,148,157.53 with 58.58% dominance. It recently saw declines of 2.56% over 24 hours and 21.72% over 90 days. Trading volume reached $70,686,185,655.61, updated December 11, 2025. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 07:02 UTC on December 11, 2025. Source: CoinMarketCap Insights from Coincu indicate that revised access restrictions could lead to increased use of alternative payment systems. This may enhance crypto’s role in financial ecosystems, especially amid shifting regulatory landscapes. DISCLAIMER: The information on this website is provided as general market commentary and… The post U.S. Banks Face Scrutiny Over Crypto Sector Restrictions appeared on BitcoinEthereumNews.com. Key Points: OCC investigates major banks for potential crypto sector discrimination. Findings could lead to Department of Justice involvement. Regulatory shifts likely to impact financial services access. The Office of the Comptroller of the Currency reported that from 2020 to 2023, the largest U.S. banks restricted financial services to politically sensitive industries, including cryptocurrencies, spurring continued investigation. Amid regulatory scrutiny, these constraints could drive cryptocurrency firms towards alternative financial infrastructures, highlighting ongoing tensions between traditional finance and digital asset sectors. Market Reactions and Potential DOJ Involvement According to OCC findings from 2020 to 2023, nine U.S. banks, such as JPMorgan Chase and Bank of America, were implementing restrictions on sectors deemed controversial, particularly cryptocurrency. These banks reportedly used improper criteria for service denial. Changes in banking policies are expected, with the OCC potentially submitting findings to the Department of Justice for further action. This scrutiny could lead to significant regulatory shifts affecting sector access to financial services. “The Office of the Comptroller of the Currency (OCC) today confirmed permissible bank activities related to paying crypto-asset network fees.” Market Insights and Future Predictions Did you know? In 2018, a similar OCC investigation led to policy changes, highlighting systemic biases in banking access for controversial industries. According to CoinMarketCap, Bitcoin (BTC) priced at $90,296.49, holds a market cap of $1,802,366,148,157.53 with 58.58% dominance. It recently saw declines of 2.56% over 24 hours and 21.72% over 90 days. Trading volume reached $70,686,185,655.61, updated December 11, 2025. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 07:02 UTC on December 11, 2025. Source: CoinMarketCap Insights from Coincu indicate that revised access restrictions could lead to increased use of alternative payment systems. This may enhance crypto’s role in financial ecosystems, especially amid shifting regulatory landscapes. DISCLAIMER: The information on this website is provided as general market commentary and…

U.S. Banks Face Scrutiny Over Crypto Sector Restrictions

Key Points:
  • OCC investigates major banks for potential crypto sector discrimination.
  • Findings could lead to Department of Justice involvement.
  • Regulatory shifts likely to impact financial services access.

The Office of the Comptroller of the Currency reported that from 2020 to 2023, the largest U.S. banks restricted financial services to politically sensitive industries, including cryptocurrencies, spurring continued investigation.

Amid regulatory scrutiny, these constraints could drive cryptocurrency firms towards alternative financial infrastructures, highlighting ongoing tensions between traditional finance and digital asset sectors.

Market Reactions and Potential DOJ Involvement

According to OCC findings from 2020 to 2023, nine U.S. banks, such as JPMorgan Chase and Bank of America, were implementing restrictions on sectors deemed controversial, particularly cryptocurrency. These banks reportedly used improper criteria for service denial.

Changes in banking policies are expected, with the OCC potentially submitting findings to the Department of Justice for further action. This scrutiny could lead to significant regulatory shifts affecting sector access to financial services.

Market Insights and Future Predictions

Did you know? In 2018, a similar OCC investigation led to policy changes, highlighting systemic biases in banking access for controversial industries.

According to CoinMarketCap, Bitcoin (BTC) priced at $90,296.49, holds a market cap of $1,802,366,148,157.53 with 58.58% dominance. It recently saw declines of 2.56% over 24 hours and 21.72% over 90 days. Trading volume reached $70,686,185,655.61, updated December 11, 2025.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 07:02 UTC on December 11, 2025. Source: CoinMarketCap

Insights from Coincu indicate that revised access restrictions could lead to increased use of alternative payment systems. This may enhance crypto’s role in financial ecosystems, especially amid shifting regulatory landscapes.

Source: https://coincu.com/news/us-banks-crypto-restrictions/

Market Opportunity
Union Logo
Union Price(U)
$0,002414
$0,002414$0,002414
-5,22%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
YouTube Advertising Formats: A Complete Guide for Marketers

YouTube Advertising Formats: A Complete Guide for Marketers

In today’s fast-evolving digital landscape, YouTube has emerged as one of the most powerful platforms for marketers looking to engage audiences through video. With
Share
Techbullion2026/01/21 01:49
Health Insurers To Cover Covid Vaccines Despite RFK, Jr. Moves

Health Insurers To Cover Covid Vaccines Despite RFK, Jr. Moves

The post Health Insurers To Cover Covid Vaccines Despite RFK, Jr. Moves appeared on BitcoinEthereumNews.com. The nation’s biggest health insurance companies will continue to cover vaccinations – including those against Covid-19 and seasonal flu – previously recommended by a federal advisory committee, America’s Health Insurance Plans said Wednesday, Sept. 17, 2025. In this photo is a free flu and Covid-19 vaccine shots available sign, CVS, Queens, New York. (Photo by: Lindsey Nicholson/Universal Images Group via Getty Images) UCG/Universal Images Group via Getty Images The nation’s biggest health insurance companies will continue to cover vaccinations – including those against Covid-19 and seasonal flu – previously recommended by a federal advisory committee. The announcement by America’s Health Insurance Plans (AHIP), which includes CVS Health’s Aetna, Humana, Cigna, Centene and an array of Blue Cross and Blue Shield plans as members, comes ahead of the first meeting of the reconstituted Advisory Committee on Immunization Practices, which now has new members chosen by U.S. Health and Human Services Secretary Robert F. Kennedy Jr., a vaccine critic. “Health plans are committed to maintaining and ensuring affordable access to vaccines,” AHIP said in a statement Wednesday. “Health plan coverage decisions for immunizations are grounded in each plan’s ongoing, rigorous review of scientific and clinical evidence, and continual evaluation of multiple sources of data.” The move by AHIP is good news for millions of Americans at a time of year when they flock to drugstores, pharmacies, physician’s offices and outpatient clinics to get their seasonal flu and Covid shots. Kennedy’s changes to U.S. vaccine policy have created confusion across the country over whether certain vaccines long covered by insurance would continue to be. AHIP has now provided some clarity for millions of Americans. “Health plans will continue to cover all ACIP-recommended immunizations that were recommended as of September 1, 2025, including updated formulations of the COVID-19 and influenza vaccines, with no cost-sharing…
Share
BitcoinEthereumNews2025/09/18 03:11