The U.S. OCC has issued a warning to Wall Street regarding the issue of 'debanking' in industries like digital assets, stating that such practices are 'illegal.' According to CoinDesk, former U.S. President Trump has taken action against the country's 'debanking' measures targeting controversial industries like digital assets, prompting the Office of the Comptroller of the Currency (OCC) to release a new report. The report further confirms past practices and warns that banks involved in such activities may face penalties. This brief OCC report reviewed the nine largest national banks in the U.S., concluding that 'between 2020 and 2023, these banks implemented both public and non-public policies restricting certain industries from accessing banking services, including requiring enhanced reviews and approvals before providing financial services.' The report states that some major banks have set higher entry barriers for controversial or environmentally sensitive businesses, or activities that conflict with the banks' own values. Financial giants like JPMorgan Chase, Bank of America, and Citigroup were specifically mentioned, with links to their past public policies, particularly those related to environmental issues. The report states: 'The Office of the Comptroller of the Currency intends to hold these banks accountable for any illegal "debanking" activities, including referring relevant cases to the Attorney General.' However, it remains unclear which specific laws these activities may have violated.