The post SEC Closes 2-Year Ondo Finance Probe Without Charges appeared on BitcoinEthereumNews.com. SEC Closes 2-Year Ondo Finance Probe Without Charges Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Rubmar is a crypto enthusiast who likes learning and improving constantly. She enjoys reporting on the latest news and developments in the crypto industry. Rubmar also enjoys scrapbooking, crafting, simulation games, and watching football. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/us-sec-closes-investigation-into-ondo-finance/The post SEC Closes 2-Year Ondo Finance Probe Without Charges appeared on BitcoinEthereumNews.com. SEC Closes 2-Year Ondo Finance Probe Without Charges Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Rubmar is a crypto enthusiast who likes learning and improving constantly. She enjoys reporting on the latest news and developments in the crypto industry. Rubmar also enjoys scrapbooking, crafting, simulation games, and watching football. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/us-sec-closes-investigation-into-ondo-finance/

SEC Closes 2-Year Ondo Finance Probe Without Charges

2025/12/09 16:01





















































Source: https://bitcoinist.com/us-sec-closes-investigation-into-ondo-finance/

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The U.S. OCC has warned Wall Street about the "de-banking" of industries such as digital assets, calling such practices "illegal."

The U.S. OCC has warned Wall Street about the "de-banking" of industries such as digital assets, calling such practices "illegal."

PANews reported on December 11th, citing CoinDesk, that President Trump's actions against the "debanking" of controversial industries such as digital assets have prompted the Office of the Comptroller of the Currency (OCC) to release a new report. The report further confirms past practices and warns that banks suspected of involvement could face penalties. This brief OCC report reviewed nine of the largest national banks in the United States, concluding that "between 2020 and 2023, these banks developed public and private policies that restricted certain industries from accessing banking services, including requiring escalating reviews and approvals before providing financial services." The report states that some large banks set higher barriers to entry for controversial or environmentally sensitive businesses, or activities that contradict the banks' own values. Financial giants such as JPMorgan Chase, Bank of America, and Citigroup are highlighted, with links to their past public policies, particularly those concerning environmental issues. The report states, "The OCC intends to pursue accountability for any illegal 'debanking' activities by these banks, including referring related cases to the Attorney General." However, it remains unclear which specific laws these activities may have violated.
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PANews2025/12/11 09:04