US Comptroller: All Nine Largest National Banks Use Reputation Risk Policies Affecting Crypto
- —Review covered the nine largest US national banks
- —All nine banks have adopted reputation risk policies
- —Coal, firearms and crypto firms are most affected
- —Congress is urged to stop politically motivated debanking
Why it matters: Legislative action could give crypto firms more predictable access to US banking services, or entrench current restrictions.
Source: Coinfomania