The post U.S. OCC Targets Bank Debanking Practices Amid Trump Pressure appeared on BitcoinEthereumNews.com. Key Points: U.S. banks face scrutiny over access restrictions on controversial industries. OCC to hold banks accountable for illegal practices. Involves major banks like JPMorgan, BoA, Citigroup. On December 11, the OCC released a new report revealing major U.S. banks’ restricted access to controversial industries, echoing concerns raised by President Trump’s administration. The report underscores potential legal implications for banks, impacting market dynamics, especially digital assets, as regulatory focus intensifies on debanking practices. OCC Scrutinizes Major Banks for Sector Access Denials The OCC report reflects ongoing scrutiny on major U.S. banks over debanking practices. These practices involve denying services to certain sectors and have drawn federal attention, prompted by Trump administration actions urging for transparency and accountability. Banks including JPMorgan Chase, Bank of America, and Citigroup face potential penalties if found legally liable for restricting industry access. The OCC emphasizes pursuing accountability and possible referrals to the Attorney General for illegal activities. As the OCC stated, “We will pursue accountability and may refer cases to the U.S. Attorney General for any illegal debanking activities.” Market reactions remain muted, though internal banking policies may shift towards compliance and openness in serving controversial sectors. While key financial leaders have not publicly addressed the report, legal experts anticipate significant regulatory changes. Bitcoin Trades at $91,139 as Regulatory Scrutiny Intensifies Did you know? The OCC’s examination of bank debanking practices follows historical precedents where U.S. banks restricted cryptocurrency purchases via credit cards, echoing past regulatory scrutiny on digital assets. Bitcoin (BTC) trades at $91,139.17, with a market cap of $1.82 trillion, according to CoinMarketCap. BTC saw a -1.10% change in the last 24 hours and a -21.22% decline over 90 days. The cryptocurrency maintains a market dominance of 58.71%. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 01:32 UTC on December 11, 2025. Source: CoinMarketCap… The post U.S. OCC Targets Bank Debanking Practices Amid Trump Pressure appeared on BitcoinEthereumNews.com. Key Points: U.S. banks face scrutiny over access restrictions on controversial industries. OCC to hold banks accountable for illegal practices. Involves major banks like JPMorgan, BoA, Citigroup. On December 11, the OCC released a new report revealing major U.S. banks’ restricted access to controversial industries, echoing concerns raised by President Trump’s administration. The report underscores potential legal implications for banks, impacting market dynamics, especially digital assets, as regulatory focus intensifies on debanking practices. OCC Scrutinizes Major Banks for Sector Access Denials The OCC report reflects ongoing scrutiny on major U.S. banks over debanking practices. These practices involve denying services to certain sectors and have drawn federal attention, prompted by Trump administration actions urging for transparency and accountability. Banks including JPMorgan Chase, Bank of America, and Citigroup face potential penalties if found legally liable for restricting industry access. The OCC emphasizes pursuing accountability and possible referrals to the Attorney General for illegal activities. As the OCC stated, “We will pursue accountability and may refer cases to the U.S. Attorney General for any illegal debanking activities.” Market reactions remain muted, though internal banking policies may shift towards compliance and openness in serving controversial sectors. While key financial leaders have not publicly addressed the report, legal experts anticipate significant regulatory changes. Bitcoin Trades at $91,139 as Regulatory Scrutiny Intensifies Did you know? The OCC’s examination of bank debanking practices follows historical precedents where U.S. banks restricted cryptocurrency purchases via credit cards, echoing past regulatory scrutiny on digital assets. Bitcoin (BTC) trades at $91,139.17, with a market cap of $1.82 trillion, according to CoinMarketCap. BTC saw a -1.10% change in the last 24 hours and a -21.22% decline over 90 days. The cryptocurrency maintains a market dominance of 58.71%. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 01:32 UTC on December 11, 2025. Source: CoinMarketCap…