OCC Highlights Major Concerns Over Crypto Debanking Practices Among Major Banks

bitcoinist发布于2025-12-11更新于2025-12-11

文章摘要

The Office of the Comptroller of the Currency (OCC) has raised concerns over "harmful debanking policies" among nine major US banks, including JPMorgan Chase, Bank of America, and Wells Fargo. A review found that between 2020 and 2023, these institutions restricted services or imposed heightened scrutiny on customers in legal industries—including crypto, oil and gas, firearms, and adult entertainment—based on the banks' own values rather than legality. OCC Comptroller Jonathan V. Gould criticized the use of "government-granted charter and market power" for such practices. The agency is evaluating thousands of debanking complaints and recently allowed national banks to facilitate crypto transactions, aiming to provide a more regulated environment than external exchanges.

On Wednesday, the Office of the Comptroller of the Currency (OCC) released findings that have raised alarm bells regarding crypto debanking, reigniting fears of what some are dubbing “Operation Chokepoint 2.0” within the financial sector.

This supervisory review focused on nine of the largest national banks under OCC supervision, including JPMorgan Chase, Bank of America, Citibank, Wells Fargo, US Bank, Capital One, PNC Bank, TD Bank, and BMO Bank.

‘Harmful Debanking Policies’

The preliminary findings from the OCC reveal troubling trends: between 2020 and 2023, these banks appeared to make unwarranted distinctions among customers based on their legal business activities.

Specifically, many of these institutions maintained policies that either restricted access to financial services or required heightened scrutiny and approvals for certain clients.

The OCC identified examples where at least one bank imposed limitations on various sectors, including crypto, due to their engagement in activities considered “contrary to [the bank’s] values,” even though those activities were not illegal.

Sectors affected by these policies included oil and gas exploration, coal mining, firearms, private prisons, tobacco and e-cigarettes, adult entertainment, and notably, digital assets.

The findings indicated that many banks placed strict limitations on crypto-related activities as well, which often stemmed from concerns about financial crime.

These practices, the OCC confirmed, were prevalent at each of the banks examined in the review. Comptroller Jonathan V. Gould expressed frustration regarding the situation, stating:

It is unfortunate that the nation’s largest banks thought these harmful debanking policies were an appropriate use of their government-granted charter and market power.

Gould noted that while many of these policies were publicly announced, some banks have maintained that they did not participate in debanking.

In his comments, Comptroller Gould emphasized the OCC’s commitment to eliminating practices that would “weaponize finance,” whether instigated by regulators or the banks themselves.

National Banks To Facilitate Crypto Transactions

The agency disclosed that it is still evaluating “thousands of complaints” related to allegations of political and religious debanking, with plans to report on these findings “in due course.” The OCC aims to hold banks accountable for these actions and ensure that unlawful debanking practices do not persist.

This follows Tuesday’s letter from the banking regulator that allows national banks to participate in “riskless principal transactions” involving cryptocurrencies. This permits national banks to buy and sell cryptocurrencies for their customers’ accounts.

This new structure allows users to transact in crypto-assets through established national banks, resulting in a more regulated environment than exchanges that operate outside of strict oversight regulation.

The daily chart shows the total crypto market cap valuation at $3.16 trillion. Source: TOTAL on TradingView.com

Featured image from DALL-E, chart from TradingView.com

你可能也喜欢

Seeking Alpha热文:为什么美股可能会在6月崩盘?

美国金融学教授、Seeking Alpha分析师达米尔·托基奇(Damir Tokic)撰文警告,美股可能在今年6月崩盘,主要基于以下几个核心观点: 首先,当前标普500指数在科技股带领下正逼近历史最高估值,周期调整市盈率(Shiller P/E)已超过40倍,泡沫程度与2000年互联网泡沫相当。该泡沫建立在科技巨头由巨额AI资本支出驱动的“向后看”利润之上,而这种由“特朗普刺激计划”推动的支出被作者认为不可持续,增长可能放缓甚至逆转。 其次,地缘政治风险构成重大威胁。伊朗战争已导致霍尔木兹海峡被封锁三个月,全球石油库存预计在6月触及临界运营水平。若局势升级或伊朗进一步封锁曼德海峡,可能引发严重的能源供应短缺,推动油价飙升至每桶200美元以上,造成供给驱动的通胀冲击。作者指出,达成重新开放海峡的协议面临诸多障碍,局势升级概率高。 通胀冲击将迫使美联储做出反应。尽管目前美联储维持宽松偏向,但市场已开始为加息定价。作者预测,美联储可能在6月FOMC会议上转向鹰派,这将成为刺破股市泡沫的导火索。即便美联储维持鸽派,也可能因失去公信力导致国债收益率暴涨,同样会引发系统性震荡。 综上所述,作者认为,在估值泡沫、地缘政治引发的通胀风险以及货币政策可能转向的共同作用下,美股在6月面临大幅回撤的风险,严重程度可能与2000年及2008年熊市相当。投资者应为此做好准备。

marsbit7分钟前

Seeking Alpha热文:为什么美股可能会在6月崩盘?

marsbit7分钟前

AI PC大战:不要押阵营,要押收费站

英伟达与联发科切入AI PC,标志着Windows端侧AI生态进入多玩家竞争阶段。作者认为,不应简单将其视为“x86对Arm”的阵营之争,而应关注谁能持续获取利润与产业链定价权。 AI PC的投资机会可分为三层:一是先进制程“收费站”,无论哪方胜出,台积电(TSMC)都将受益;二是算力与平台外溢,以AMD(x86进攻)和英伟达(GPU软件栈延伸)为代表;三是架构扩散和困境反转,Arm和英特尔(INTC)具备弹性但需谨慎。 行业已从概念进入出货验证期。尽管短期出货预测有所下调,但AI PC长期标配化趋势不变。投资难点在于用户换机意愿,若企业端广泛部署隐私计算等应用,将推动市场从消费电子转向企业IT更新。 竞争格局上,各芯片厂商优势各异,但高端芯片均依赖先进制程。台积电在晶圆代工市场占据超70%份额,成为AI硬件时代的确定性受益者。 投资策略上,作者建议分层配置:将台积电视为底仓(确定性现金流),AMD作为进攻性选择,Arm和英特尔则用于捕捉弹性机会。核心逻辑是投资“收费站”和平台,而非押注单一架构。 风险包括:AI PC应用不及预期、Windows on Arm兼容性改善缓慢、关税与宏观因素影响需求、先进制程供需错配,以及整体AI估值偏高可能引发的回调。因此,应将AI PC视为长期产业趋势,在情绪退潮后布局生态与现金流稳定的公司。

marsbit21分钟前

AI PC大战:不要押阵营,要押收费站

marsbit21分钟前

万字解析:从10美元到290美元,MRVL靠「不做GPU」赢了整个AI时代

Marvell Technology(MRVL)股价从2016年不到10美元涨至2026年的290美元,涨幅达30倍,核心在于其独特定位:不做GPU,而是专注于AI时代的“连接”基础设施。 公司业务分为三块:一是光互连(光DSP),在400G以上数据中心光模块市场占约70%份额,技术护城河深;二是定制AI芯片,为Amazon等云巨头设计XPU,拥有18个项目、750亿美元潜在收入;三是以太网交换芯片与企业存储,提供稳定现金流。 CEO Matt Murphy上任后大幅改革,砍掉非核心业务,收购Inphi(光DSP)、Cavium、Celestial AI(光子织网)等公司,聚焦数据中心,并绑定大客户获得长期订单。 英伟达投资20亿美元战略入股,认可Marvell在AI互连生态的价值。市场常将Marvell视为“小Broadcom”,但两者本质不同:Marvell在光DSP是领导者,而定制芯片业务虽毛利率较低,但随规模扩大有望改善。 主要风险包括:丢失Amazon Trainium3订单、客户集中度高、毛利率天花板、英伟达既是伙伴也是潜在竞争者、内部人士减持及供应链产能压力。但公司光互连技术优势显著,结合PEG约0.6的估值,仍有增长空间。 本质上,Marvell抓住了AI基础设施从“堆算力”转向“建系统”的趋势。在AI集群规模不断扩大、数据流动需求激增的背景下,“连接”的价值日益凸显,而Marvell正处在这一核心位置。

marsbit51分钟前

万字解析:从10美元到290美元,MRVL靠「不做GPU」赢了整个AI时代

marsbit51分钟前

交易

现货
合约
活动图片