OCC, FDIC: Finalize Unsafe Practices Rule

USOCC and FDICgov are finalizing a rule that defines “unsafe or unsound practices” for bank supervision, ending years of examiner discretion by mandating links to actual law violations or material financial risk instead of vague reputational issues. The change directly benefits crypto banking regulations by limiting tactics used against banks serving lawful crypto clients and accelerates the reversal of Operation Choke Point 2.0. Bank supervision reforms of this type reshape crypto company banking access and reduce arbitrary enforcement in the sector.