The post LUNC Jumps as Terra Classic Votes on Major Upgrade appeared on BitcoinEthereumNews.com. Tatev Avetisyan is a markets writer and analyst covering cryptocurrency markets, policy, and regulation. She has over seven years of experience in business and marketing development and has spent the past three years focused on digital assets, authoring more than 3,000 articles on crypto markets and regulatory developments. She is an active Web3 advocate in Armenia, with a broader interest in artificial intelligence and next-generation Web3 technologies. Full Profile Source: https://www.crypto-news-flash.com/lunc-jumps-as-terra-classic-votes-on/?utm_source=rss&utm_medium=rss&utm_campaign=lunc-jumps-as-terra-classic-votes-onThe post LUNC Jumps as Terra Classic Votes on Major Upgrade appeared on BitcoinEthereumNews.com. Tatev Avetisyan is a markets writer and analyst covering cryptocurrency markets, policy, and regulation. She has over seven years of experience in business and marketing development and has spent the past three years focused on digital assets, authoring more than 3,000 articles on crypto markets and regulatory developments. She is an active Web3 advocate in Armenia, with a broader interest in artificial intelligence and next-generation Web3 technologies. Full Profile Source: https://www.crypto-news-flash.com/lunc-jumps-as-terra-classic-votes-on/?utm_source=rss&utm_medium=rss&utm_campaign=lunc-jumps-as-terra-classic-votes-on

LUNC Jumps as Terra Classic Votes on Major Upgrade

2025/12/09 23:28

Tatev Avetisyan is a markets writer and analyst covering cryptocurrency markets, policy, and regulation. She has over seven years of experience in business and marketing development and has spent the past three years focused on digital assets, authoring more than 3,000 articles on crypto markets and regulatory developments. She is an active Web3 advocate in Armenia, with a broader interest in artificial intelligence and next-generation Web3 technologies.

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The U.S. OCC has warned Wall Street about the "de-banking" of industries such as digital assets, calling such practices "illegal."

The U.S. OCC has warned Wall Street about the "de-banking" of industries such as digital assets, calling such practices "illegal."

PANews reported on December 11th, citing CoinDesk, that President Trump's actions against the "debanking" of controversial industries such as digital assets have prompted the Office of the Comptroller of the Currency (OCC) to release a new report. The report further confirms past practices and warns that banks suspected of involvement could face penalties. This brief OCC report reviewed nine of the largest national banks in the United States, concluding that "between 2020 and 2023, these banks developed public and private policies that restricted certain industries from accessing banking services, including requiring escalating reviews and approvals before providing financial services." The report states that some large banks set higher barriers to entry for controversial or environmentally sensitive businesses, or activities that contradict the banks' own values. Financial giants such as JPMorgan Chase, Bank of America, and Citigroup are highlighted, with links to their past public policies, particularly those concerning environmental issues. The report states, "The OCC intends to pursue accountability for any illegal 'debanking' activities by these banks, including referring related cases to the Attorney General." However, it remains unclear which specific laws these activities may have violated.
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PANews2025/12/11 09:04