Monthly Archives: November 2020

U.S. OCC Bank of ‘undisclosed’ industries seeks to end default

Call it CPR for Operation Choke Point. The U.S. Office of Comptroller of the Currency, led by national bank regulator Brian Books, a former coinbase adviser, suggests a rule that would prohibit banks from blacklisting legal entities, possibly including cryptocurrency companies. Under the proposed rule, banks can only refuse financial …

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