Lighter CEO on ‘democratizing finance’ with a zero-fee, ZK perp DEX

The post OCC Findings Suggest Major U.S. Banks Restricted Access for Digital Asset Firms Amid Debanking Probe appeared on BitcoinEthereumNews.com. The Office of the Comptroller of the Currency (OCC) has confirmed that nine major U.S. banks engaged in debanking practices from 2020 to 2023, restricting access for digital asset firms and other sectors. This marks the first official acknowledgment of these policies, which limited services based on customer types, affecting crypto businesses significantly. OCC report highlights inappropriate distinctions by banks like JPMorgan Chase and Bank of America, targeting crypto and high-risk sectors. Nine banks reviewed showed similar policies restricting customer access without objective risk assessments. Impacted industries include digital asset firms, with potential referrals to the Attorney General for unlawful practices. Discover how major U.S. banks’ debanking policies hit crypto firms hard, per OCC’s 2025 report. Learn the implications for digital assets and what regulators are doing next—stay informed on banking risks today! What Are the OCC’s Findings on Banks Debanking Crypto Firms? Banks debanking crypto firms involves major financial institutions limiting or denying services to digital asset businesses based on perceived risks, as detailed in a recent Office of the Comptroller of the Currency (OCC) report. From 2020 to 2023, nine of the largest U.S. banks implemented policies that required escalated reviews or outright restrictions for certain customers, including those in the crypto sector. This practice, now publicly confirmed, underscores ongoing tensions between traditional banking and emerging digital asset industries. How Did These Debanking Practices Affect Digital Asset Companies? The OCC’s six-page report, released on Wednesday, revealed that institutions such as JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, U.S. Bancorp, Capital One, PNC Financial Services Group, Toronto-Dominion Bank, and Bank of Montreal made distinctions among customers that were deemed inappropriate. For digital asset firms, this meant heightened scrutiny or complete denial of banking services, hindering operations in an already volatile market. The regulator noted that these policies spanned…

The post Patriots Hall Of Famer Julian Edelman Is A Rising Media Star At FOX Sports appeared on BitcoinEthereumNews.com. Julian Edelman has a burgeoning media career, including as an analyst on FOX NFL Kickoff. Lily Hernandez The day before the Kansas City Chiefs hosted the Philadelphia Eagles, Julian Edelman was in a reflective mood. The last weekend he had spent in Arrowhead Stadium was when he helped the New England Patriots defeat the Chiefs in overtime to advance to the Patriots’ last Super Bowl. “I was definitely getting some flashbacks,” Edelman exclusively shared. “It’s definitely a special place to come. Not because we won (but) because we knew how hard it was to win here. This place rocks. Arrowhead is one of the most electric opponent stadiums that we played in. It was one of the greatest to be the villain.” Edelman had seven catches and 96 yards in that 37-31 overtime win against the Chiefs, paving the way for Super Bowl LIII, a game in which he won Super Bowl MVP. That may have been the apex of his playing career, which earned him induction into the Patriots’ Hall of Fame this weekend, but his post-NFL media career is ascending. He’s not only an analyst on FOX NFL Kickoff, the show that precedes FOX NFL Sunday, but also has his own production company and hosts two weekly podcasts. “It kind of (just) happened,” Edelman said. “My goal is really to just be around football in some form or fashion.” Julian Edelman of the New England Patriots celebrates after scoring in the fourth quarter against the Seattle Seahawks during Super Bowl XLIX. (Photo by Kevin C. Cox/Getty Images) Getty Images Toward the end of his playing career, Edelman started creating short-from content for his YouTube channel and picked up a cult following among New England fans. Then for his first two years out of the league, he was an…