The U.S. Office of the Comptroller of the Currency (OCC) has revealed that nine major banks engaged in questionable debanking practices. The regulatory finding highlights ongoing concerns about financial access restrictions that have impacted various sectors, including digital asset companies and fintech firms.



This development underscores the tension between traditional banking institutions and the evolving financial landscape. The so-called 'inappropriate' practices suggest inconsistent application of banking policies, raising questions about service availability and fair treatment of clients across different industries.

For the crypto and Web3 community, such regulatory findings carry significance—they reflect broader challenges around banking relationships and financial services access that have persisted throughout the sector's growth. The OCC's scrutiny may influence future banking policies and inter-agency coordination on service provision standards.
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TestnetFreeloadervip
· 12-13 00:01
What are banks up to again? This time they finally got caught by the OCC. Each bank's tactics are really one set after another, clearly showing the discrimination chain. This is good news for us; finally someone is addressing the unfair practices of these traditional financial institutions. Waiting for this regulatory storm to wash through the industry and purify this muddy water. The OCC has finally done something practical this time, but banks will probably find ways to exploit loopholes again. It feels like the crypto community now has bargaining chips. Why does it always have to escalate to regulators to solve the problem? These banks are truly incredible. Nine major banks collapsing at once indicates this isn't an isolated incident but a systemic issue. Hopefully, this time, something will really change, rather than just a superficial rectification. Finally, someone is standing up for us; it feels good.
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FalseProfitProphetvip
· 12-13 00:00
It was about time to regulate these nine institutions; the double standards in the banking industry are truly outrageous. They still keep charging us for our wallet accounts... Here we go again? How many times do we have to see this trick before getting tired of it? What are banks afraid of? Honestly, they're just cowardly. OCC finally woke up this time, but can they really change anything? Traditional finance is just this way; don't expect too much.
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PancakeFlippavip
· 12-12 23:57
Nine banks playing the debanking game... It's really about bullying the weak and fearing the strong. --- Here we go again, traditional finance just uses policies as a shield. --- It should have been investigated long ago. Can these banks have the same attitude as crypto companies? --- Honestly, they're just afraid. When it comes to new things, it's block, block, block. --- This time, OCC finally did something about personnel. --- The debanking issue has always been like this, I'm so tired of it... Hope it can really change. --- Nine banks? Let me count which ones... This probably will be another big noise with little action. --- Financial access issues really need to be rectified. Web3 is too difficult. --- Traditional banks vs. new finance, this war is far from over. --- Inconsistent policy enforcement? It's just different treatment, no need to beat around the bush.
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ForkThisDAOvip
· 12-12 23:56
It was about time to investigate these banks, playing double standards so skillfully --- There you go again, using the same old rhetoric... Let's wait and see what happens next --- Has the crypto industry finally taken action after being stifled for so long? --- Inconsistent enforcement? Nice way of putting it, they’re just deliberately making things difficult for us --- Nine major banks are all involved in this, it's outrageous --- The industry entry regulations definitely need to be rectified, it's too chaotic --- So they finally admit to doing small tricks? --- Is it true? Will OCC take real action this time? --- This banking approach is truly disgusting, someone should have stopped it long ago
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GateUser-beba108dvip
· 12-12 23:56
Nine major banks caught red-handed, now the banks really can't sit still The banking industry's tricks played for so many years finally caught by OCC... but honestly, can anything really change? Going so hardcore in banking just shows they don't want crypto and fintech to have a chance Wait, wait, the problem isn't with the banks, it's that these people simply don't want to relinquish power Comrades, this is the real "systemic risk," understand? OCC's move, does it change anything... I highly doubt it Financial competition ultimately comes down to who is in charge; banks have always been the boss It sounds very serious, but what can the outcome be... it's just fines and continuing as usual It's outrageous, this kind of behavior being exposed but unchanged, classic The blockchain path still has to be taken by ourselves; not uploading to traditional finance is more satisfying
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