US Treasury Office Wishes to Ban Discrimination Against Crypto Firms

A suggested law transition from the Office of the Comptroller of the Currency would prohibit banks from denying financial services to competitors or organizations it doesn't prefer.

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The Office of the Comptroller of the Currency has introduced a law prohibiting national banks from discriminating against organizations based on elements other than risk.

This has complications for cryptocurrency companies and money services industries that have concern accessing banking services

The Office of the Comptroller of the Currency is led by Brian Brooks, erstwhile Chief Legal Officer for Coinbase.