OCC Pushes Back as Nine Major Banks Restrict Crypto Accounts
Photo: TheCoinrise
Regulators signal banks are loosening digital asset limits, even as account closures persist across the industry Nine major banks have been identified as restricting or blocking accounts connected to cryptocurrency activity, according to reporting on the matter. The practice has drawn renewed scrutiny from industry participants who say crypto firms and individual holders continue to face sudden account closures or denials of service. At the same time, the Office of the Comptroller of the Currency has indicated that large banks are generally moving to ease their stance on digital assets.
Source: TheCoinrise
