OCC and FDIC Finalize Rule to Reduce Crypto Banking Arbitrary Enforcement

The Office of the Comptroller (OCC) and the Federal Deposit Insurance Corporation (FDICgov) have finalized a new rule that defines 'unsafe or unsound practices' for bank supervision. The change aims to limit examiner discretion by mandating links to actual law violations or material financial risk, rather than vague reputational issues.

The new rule directly benefits crypto banking regulations by restricting tactics used against banks serving lawful crypto clients and accelerates the reversal of Operation Choke Point 2.0. Bank supervision reforms of this type have reshaped crypto company banking access and reduced arbitrary enforcement in the sector.