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๐Ÿ˜จ Crypto Fear Index Drops to 15 โ€” Market Remains in โ€œExtreme Fearโ€

On Nov 26, the Crypto Fear & Greed Index fell back to 15, down from yesterdayโ€™s 20, signaling that overall market sentiment remains firmly in an โ€œExtreme Fearโ€ phase.

The index ranges from 0โ€“100, combining multiple weighted indicators:

๐Ÿ“‰ Volatility โ€“ 25%

๐Ÿ“Š Market trading volume โ€“ 25%

๐Ÿ’ฌ Social media sentiment โ€“ 15%

๐Ÿ“‹ Market surveys โ€“ 15%

๐ŸŸง Bitcoin dominance โ€“ 10%

๐Ÿ” Google Trends analysis โ€“ 10%

Extreme fear often reflects capitulation-driven sentiment, historically associated with late-stage bottoms โ€” though not guaranteed.

๐Ÿ” Quick Summary

๐Ÿ˜จ Fear Index drops from 20 โ†’ 15

๐Ÿšจ Market remains in Extreme Fear

๐Ÿ“Š Index composed of volatility, volume, social sentiment, surveys, BTC dominance & search trends
๐Ÿ‘1
๐Ÿ“Š Binance On-Chain Stocks Update: META & SNOW Lead Tech Gains, AMBRx Tops Crypto Stocks with 21.6% Surge

๐Ÿ“… Nov 26

Binanceโ€™s On-Chain Stocks dashboard is seeing notable movement across both tech giants and crypto-linked companies. The platform currently supports two tokenized stock models:

xStock (synthetic asset model) โ€” ticker ends with x

Ondo Tokenized (broker-executed purchases) โ€” ticker ends with on

๐Ÿ–ฅ Top Tech Tokenized Stock Performers (24h)
๐Ÿฅ‡ METAon / METAx (Meta Platforms)

+4.2%

Price: $641

Tokenized shares of Meta (Facebookโ€™s parent company)

๐Ÿฅˆ SNOWon (Snowflake)

+3.8%

Price: $251

Tokenized shares of cloud data giant Snowflake

๐Ÿฅ‰ CRMon (Salesforce / CRM)

+3.3%

Price: $234

Tokenized shares of global CRM and cloud software leader

๐Ÿ”— Top Crypto-Themed Tokenized Stocks (24h)
๐Ÿš€ AMBRx (Amber International)

+22.5%

Price: $1.53

Tokenized shares of Amber Groupโ€™s wealth management arm

Largest gain among all crypto-linked assets

โšก๏ธ RIOTon (Riot Platforms)

+5.7%

Price: $14.5

U.S. Bitcoin mining leader

๐Ÿ“ˆ HOODon (Robinhood Markets)

+3.1%

Price: $117.7

Tokenized shares of the popular U.S. trading platform

โœ… Summary

Binance now hosts two tokenized stock models: xStock & Ondo Tokenized

Tech winners: META (+4.2%), SNOW (+3.8%), CRM (+3.3%)

Crypto-stock leader: AMBRx surges +22.5%

Market shows strong rotation into both tech and crypto-linked equities ๐Ÿ”ฅ
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๐Ÿ’ผ DWF Labs Launches $75M Proprietary DeFi Investment Fund

On November 27, DWF Labs announced the launch of a $75 million proprietary DeFi investment fund.
The fund will focus on projects across Ethereum, BNB Chain, Solana, and Base, targeting teams working on structural challenges such as:

๐Ÿ”น Liquidity

๐Ÿ”น Settlement

๐Ÿ”น Credit

๐Ÿ”น On-chain risk management

The investment scope includes dark-pool style perp DEXs, on-chain fixed-income products, and various yield-generating protocols.

๐Ÿ“Œ Quick Summary

๐Ÿ’ฐ New $75M DeFi proprietary investment fund

๐ŸŒ Focus on ETH, BNB Chain, Solana, Base ecosystems

๐ŸŽฏ Targets liquidity, settlement, credit & risk-management solutions

๐Ÿงฉ Includes dark-pool perp DEXs and fixed-income/yield products
โค1๐Ÿ‘1
๐Ÿ‡บ๐Ÿ‡ธ English Telegram-Style Original Post

๐Ÿง BSC Meme Coins โ€œUgly Penguinโ€ & โ€œBNBHolderโ€ Drop Over 50% From Recent Highs

On November 27, after briefly surging following their Nov 25 listing on Binance Alpha, BSC meme coins โ€œUgly Penguinโ€ and โ€œBNBHolderโ€ have continued to decline sharply.

Ugly Penguin
โ€ข Market cap: $3.83M
โ€ข Price: $0.0038
โ€ข Down ~58% from recent peak

BNBHolder
โ€ข Market cap: $5.7M
โ€ข Price: $0.0057
โ€ข Down ~67% from recent peak

BlockBeats cautions that meme coins are highly volatile, often driven purely by sentiment and hype, lacking real utility or fundamental value. Investors should remain aware of the risks.

โœจ Summary

BSC meme coins Ugly Penguin & BNBHolder drop 50%+ ๐Ÿ“‰

Prices plunged after a short post-listing surge on Binance Alpha โš ๏ธ

Meme coins remain high-risk, sentiment-driven assets ๐Ÿ’ฅ
๐Ÿ‘1
Telegram-Style Original Post (English + emojis + summary)
๐Ÿ‹๐Ÿ’ฅ Whale Unwinds Another 350 WBTC at Heavy Loss โ€” $10.16M Realized Loss

๐Ÿ“… November 28 โ€” A major whale who previously accumulated large amounts of WBTC and ETH using looping leverage strategies continues to unwind positions at significant losses.

After recently capitulating 18,517 ETH for a $25.29M realized loss, the whale is now offloading WBTC.

๐Ÿ”ป Latest WBTC Sell-off

Over the past week, the whale:

Sold 350 WBTC at an average price of $87,732

Received 30.7M USDT

Cost basis: $116,762 per WBTC

Realized loss: $10.16M

๐Ÿ“‰ Remaining Position

The whale still holds 1,210 WBTC, currently sitting on an unrealized loss of ~$30.9M.
This prolonged deleveraging marks one of the most painful whale capitulations of the quarter. ๐Ÿ˜“๐Ÿ’ธ

โœ… Quick Summary

๐Ÿ‹ Whale using looping leverage continues forced unwinds

๐Ÿ”ป Sold 350 WBTC at a large $10.16M loss

๐Ÿ’ฐ Still holds 1,210 WBTC with ~$30.9M unrealized loss

๐Ÿ˜ฌ One of the biggest capitulation events recently
๐Ÿ‘1
๐ŸŒโš ๏ธ IMF Warns of Rising Flash-Crash Risks in Tokenized Markets, Governments Expected to Step In

On November 28, the International Monetary Fund (IMF) issued a new warning that flash-crash risks in tokenized markets are increasing, signaling that government intervention and regulation are inevitable.

The IMF noted that while tokenization can make financial transactions faster and cheaper, it also introduces new systemic vulnerabilities:

๐Ÿค– Automated trading may amplify volatility, increasing the likelihood of flash crashes.

๐Ÿงฉ Interlinked smart-contract chains could trigger domino-style failures under market stress.

๐Ÿ“‰ Localized disruptions may quickly cascade into full-scale systemic shocks.

According to the IMF, based on historic patterns, governments are unlikely to stay on the sidelines during such a major shift in monetary infrastructure and will take a more active regulatory role in the tokenization era.

๐Ÿ“ Quick Summary

IMF flags growing systemic risk in tokenized financial markets.

Automated trading + complex smart-contract chains = higher flash-crash probability.

Governments are expected to intervene and regulate tokenization more assertively.

โš ๏ธ๐Ÿ“‰ Tokenization brings efficiencyโ€”but also new layers of risk that global regulators can no longer ignore
๐Ÿ‘1
๐Ÿฆ U.S. Bank Is Testing Custom Stablecoin Issuance on the Stellar Network

On November 29, U.S. Bank, PwC, and the Stellar Development Foundation (SDF) announced that U.S. Bank is testing the issuance of a custom stablecoin on the Stellar network.

๐Ÿ“ฐ Telegram-Style Original Article

๐ŸŒŸ๐Ÿฆ U.S. Bank Begins Testing Custom Stablecoin on Stellar โ€” In Partnership with PwC & SDF

A major step toward institutional stablecoin adoption:
U.S. Bank, together with PwC and the Stellar Development Foundation (SDF), has revealed that it is currently testing the issuance of a custom stablecoin on the Stellar blockchain.

The experiment showcases growing interest from traditional financial institutions in blockchain-based settlement and digital asset infrastructure. ๐ŸŒ๐Ÿ’ณ
If successful, it may lead to broader banking integrations and new enterprise-grade blockchain use cases. ๐Ÿ“ก๐Ÿš€

โœ… Summary

U.S. Bank is testing a custom stablecoin on Stellar in collaboration with PwC and the Stellar Development Foundation.
๐Ÿ‘1
๐Ÿš€ Bitcoin Analyst: Short-Term Bottom Formed, Potential Rebound Toward $100K

After several weeks of heavy selling, Bitcoin may be forming a short-term bottom as of November 29. According to one market analyst, conditions are now in place for a potential rebound toward the $100Kโ€“$110K range.

Trader Mister Crypto noted that Bitcoinโ€™s short-term structure is showing signs of stabilization following what he described as a โ€œcapitulation sell-off.โ€ Indicators tied to trader behavior suggest that while market sentiment plunged into extreme fear, large players have started opening new long positions โ€” a combination that historically precedes rebounds during downturns.

One key signal he highlighted is the weekly RSI, which is approaching the 30 level.

โ€œThis is where we see Bitcoin bottoming. RSI is near 30. Boom โ€” bottom,โ€ he said.
Historically, this zone has aligned closely with market bottoms in previous cycles.

He added that this does not guarantee a new bull market, but typically signals at least a short-term reversal.

Another factor supporting a rebound is Bitcoinโ€™s distance from the 50-week MA (around $102,000). In past cycles, BTC often rebounded back to this level after breaking below it.

Macro conditions are also adding short-term optimism. Markets expect quantitative tightening (QT) to end soon, with speculation of another rate cut at the upcoming monetary policy meeting โ€” both of which could ease financial conditions and support risk assets like Bitcoin.

โœ… Summary

๐Ÿ“‰ Heavy sell-off may have formed a short-term bottom

๐Ÿ“Š Weekly RSI near 30 โ€” historically marks bottoms

๐Ÿ‹ Big players opening new longs during extreme fear

๐Ÿ“ˆ Possible rebound toward $100Kโ€“$110K

๐Ÿฆ Macro: QT ending + possible rate cut = bullish for BTC
๐Ÿ‘1
๐Ÿงช Vitalik Launches โ€œDeep Fundingโ€ Pilot

Prediction markets for code originality scoring

Vitalik Buterin is running a small pilot project called Deep Funding, where users can participate in a prediction market that bets on the originality percentage of code repositories.
The originality score is determined through jury voting, and anyone can join the market.

Vitalik explained that although the system is theoretically designed for AI, the current prediction outputs show a significant deviation from the actual results.
๐Ÿ‘‰ This means that even human participants may be able to step in occasionally, make a few trades, and earn reasonable profits due to the inefficiency.

๐Ÿ” Key Points

Vitalik launches Deep Funding pilot

Prediction markets bet on code repository originality

Scores determined by jury voting

AI-targeted system shows strong deviation vs. reality

Human traders may find profitable opportunities

๐Ÿ“ Summary

Vitalikโ€™s new experiment uses prediction markets to rate code originality. Because predictions currently differ sharply from real results, human traders may find short-term profit opportunities. ๐Ÿš€๐Ÿ“Š
๐Ÿ”ฅ Traderโ€™s $6.5M MON Long Position Liquidated, Resulting in $1.9M Loss

On November 30, a major MON long position was fully liquidated after the tokenโ€™s price dropped.
Trader 0xccb5 saw their leveraged longโ€”holding 244.38 million MON, valued at $6.5 millionโ€”completely wiped out, resulting in a $1.9 million loss.

โš ๏ธ What Happened?

The decline in MONโ€™s market price triggered a full liquidation of the position, marking one of the largest MON liquidations in recent days.

๐Ÿ“Œ Quick Summary

A traderโ€™s $6.5M MON long was fully liquidated

Total loss: $1.9M

Position size: 244.38M MON

Liquidation caused by MON price drop

Highlights continued volatility in MON markets
๐Ÿ‘1
๐Ÿ“‰๐Ÿ”ฅ Ethereum Falls Below $3,000 โ€” Down 0.25% in 24 Hours

On December 1, Ethereum fell below the $3,000 mark, currently trading at $2,989, representing a 0.25% decline over the past 24 hours. ๐Ÿช™๐Ÿ“‰

Although the drop is relatively mild, ETH slipping under the psychological $3K level has triggered renewed caution among traders. Market participants are watching whether Ethereum can reclaim the threshold or continue to weaken in the short term. ๐Ÿ“Šโš ๏ธ

โœจ TL;DR (Short Summary)

Ethereum breaks below $3,000, now at $2,989.

24h change: โ€“0.25%.

Market sentiment turns slightly cautious. ๐Ÿ“‰
๐Ÿ‘1
๐Ÿ“‰๐Ÿ“Š Crypto Trading Volume Hits 5-Month Low in November as Bitcoin ETFs Face Heavy Outflows

On December 1, data showed that crypto market activity sharply contracted in November.
Monthly CEX trading volume fell to $1.59 trillion, down 26.7% from October โ€” the lowest since June.

Binance remained the industry leader, but its volume dropped from $810.44B โ†’ $599.34B.

DEX volume also fell, landing at $397.78B.

At the same time, Bitcoin price slid from ~$110,000 early November to $86,500 by month-end.
U.S. spot Bitcoin ETFs saw $3.48 billion in net outflows, marking the largest monthly outflow since February.

๐Ÿ“ฃ Telegram-Style Original Post (English + Emojis)

๐Ÿ“‰๐Ÿ”ป Crypto Trading Volume Drops to 5-Month Low โ€” Bitcoin ETFs See Massive Outflows

November was rough for the crypto market.
CEX monthly trading volume plunged to $1.59T (-26.7%), the lowest since June.

Binance still leads but volume fell from $810B โ†’ $599B

DEX volume slipped to $397B

Meanwhile BTC tumbled from $110K โ†’ $86.5K, triggering $3.48B in outflows from U.S. spot Bitcoin ETFs โ€” the largest since February.

Market liquidity continues to thin as both price and sentiment weaken.

๐Ÿ”Ž Summary

November CEX volume: $1.59T, lowest in 5 months

Binance volume down ~26%

DEX volume: $397B

BTC price fell from $110K โ†’ $86.5K

U.S. BTC ETFs saw $3.48B net outflows, biggest since February
๐Ÿ‘1
๐Ÿ“‰๐Ÿ“Š Polymarket Odds: 55% Chance Bitcoin Falls Below $80K in December

As of December 2, prediction market Polymarket shows rising bearish sentiment for Bitcoin:

The probability that BTC drops below $80,000 in December has climbed to 55%.

The chance of BTC falling below $70,000 stands at 15%.

Meanwhile, the probability of breaking above $100,000 in December is currently 28%.

Market participants appear increasingly divided as volatility picks up, with both bullish and bearish extremes gaining traction. โš–๏ธโšก๏ธ

โœ… Quick Summary

๐Ÿ“‰ 55% odds BTC falls below $80K

โš ๏ธ 15% odds BTC falls below $70K

๐Ÿš€ 28% odds BTC breaks $100K

Polymarket traders showing heightened volatility expectations
๐Ÿ‘1
๐Ÿšจ Whale Activity Rundown: โ€œpension-usdt.ethโ€ Becomes Largest BTC Short, โ€œZEC&MON Mega Shortโ€ Adds More ETH Shorts

Below is todayโ€™s major whale movement summary from Hyperliquid on December 3, as the market shows a mild rebound โ€” yet several whales continue to load up on shorts.

๐Ÿ“ฐ Telegram Original Article

๐Ÿ‹ Major Whale Movements Today: Big Shorts Reload as Market Recovers Slightly

As the crypto market saw a modest bounce today, several top Hyperliquid whales became active again โ€” especially on the short side. Hereโ€™s the latest roundup:

๐Ÿง“ 1. โ€œpension-usdt.ethโ€ โ€” New BTC Short, Now the Largest BTC Bear

Opened a new 3ร— leveraged BTC short at 3:00 today

Position size: ~$91M

Entry: ~$92,000

Yesterdayโ€™s BTC & ETH shorts were fully closed within 3 hours

Now ranks #1 BTC short on Hyperliquid

๐ŸŽฏ 2. โ€œThe Calm Entry Kingโ€

Opened new shorts in BTC, ZEC, SOL at 00:00

Total position: ~$7.2M

Current profits mainly from ZEC short, with

PnL: +$150K (+214%)

Took partial profits in the last 2 hours

Fully closed BTC, ETH, SOL shorts yesterday for $250K profit

๐Ÿป 3. โ€œThe Ultimate Shortโ€

Closed ~$30.17M BTC short today

Still holds ~$81M BTC short

Unrealized profit: $17.36M (+542%)

Liquidation: $101,000

Added $3M margin today

Now ranks #2 BTC short on Hyperliquid

๐Ÿฆพ 4. โ€œZEC & MON Mega Shortโ€ โ€” Adds More ETH Shorts

Added $1.21M ETH short today

Current ETH short position: ~$25.09M

Unrealized profit: $7.88M (+471%)

ZEC short profit expands to $3.3M (+187%)

Still the #1 ZEC & MON short whale

๐Ÿค 5. โ€œCZ Counterpartyโ€ โ€” Losses Narrow on Long Positions

ETH Long

Unrealized loss narrows from $21.22M โ†’ $9.92M

Entry: $3,201

Position size: ~$157M

XRP Long

Unrealized loss shrinks from $10.49M โ†’ $5.4M

Entry: $2.29

Position size: ~$83.6M

Still ranks as #1 ETH & XRP long whale on Hyperliquid.

๐Ÿ“ Quick Summary

๐Ÿฅ‡ โ€œpension-usdt.ethโ€ becomes the #1 BTC short whale

๐Ÿป Multiple whales continue adding short positions despite market bounce

๐Ÿ’ฐ โ€œUltimate Shortโ€ still up $17M+

โš”๏ธ โ€œCZ Counterpartyโ€ long losses narrowing as market recovers
โค1๐Ÿ‘1
๐Ÿšจ ZKsync to Deprecate ZKsync Lite in 2026

On Dec 8, ZKsync announced plans to stop supporting ZKsync Lite (ZKsync 1.0) โ€” the first ZK-rollup launched by ZKsync on Ethereum.

โœ… Everything continues as usual for now; no immediate action is required.
๐Ÿ’ผ Funds remain safe, and withdrawals to L1 will continue throughout the deprecation process.
๐Ÿ“… ZKsync will release a detailed deprecation plan within the next year, including timelines, specifics, and migration guidance.

๐Ÿ“ Summary

ZKsync Lite (1.0) will be deprecated in 2026

No immediate action required, funds are safe

Detailed migration plan and schedule to be announced soon โšก๏ธ
๐Ÿ“Š Analyst: BEAT Team-Linked Wallet Sends $1.2M in Tokens to CEX, Possible Sell-Off Incoming

On December 8, an on-chain analyst reported that a wallet linked to the BEAT project team transferred approximately $1.2 million worth of tokens to Gate. These tokens are still sitting in the exchangeโ€™s deposit address and have not yet been moved or traded.

Further analysis indicates that several BEAT team-associated wallets have already executed test transactions involving small token amounts. This behavior suggests that the team may be preparing for potential sell-offs to realize profits.

Market participants are now watching closely for any large sales that could impact token price and sentiment.

โšก๏ธ Summary

BEAT team-linked wallet transferred $1.2M in tokens to Gate ๐Ÿฆ

Tokens remain in exchange deposit wallet, no trades yet โณ

Team wallets performed test transactions, hinting at a possible upcoming sell-off ๐Ÿ“‰
๐Ÿ’ธ Trader Turns $716 into a 340x Gain on Franklin Tokens

On December 9, a trader spent $716 to buy 16.3 million Franklin tokens. They later sold 4.8 million Franklin for $20,500, while still holding 11.5 million tokens worth $224,000.
Overall, the trader has achieved an astonishing 340x profit.

๐Ÿ“Š Key Details

๐Ÿ’ต Initial investment: $716

๐Ÿช™ Total bought: 16.3M Franklin

๐Ÿ’ฐ Realized profit: $20,500 (from selling 4.8M)

๐Ÿ‘œ Remaining holdings: 11.5M Franklin (~$224,000)

๐Ÿš€ Total return: 340x

๐Ÿ“ Summary

A trader turned a tiny $716 investment into over $240K in value โ€” a massive 340x win driven by the Franklin token surge. ๐Ÿš€๐Ÿ“ˆ
๐Ÿ‡บ๐Ÿ‡ธ Trump May Adjust Tariffs to Lower Prices on Certain Goods

On December 9, U.S. President Donald Trump signaled that he may adjust existing tariffs in an effort to reduce the prices of certain consumer goods.
The potential move comes as the administration explores ways to ease cost pressures while maintaining its broader trade strategy.

While no specific products or timelines have been announced, the indication suggests that tariff flexibility could be used as a tool to stabilize prices in the near term.

๐Ÿ“ Summary

Trump may adjust tariffs to lower prices on selected goods.

Aim: reduce consumer costs while maintaining trade policy.

Details and timelines not yet disclosed.

๐Ÿ’ฌ A possible shift in tariff strategy to tackle rising prices.
๐Ÿ“ˆ๐Ÿ› Bitwise 10 Crypto Index ETF Begins Trading on the NYSE Arca

On December 10, Bitwise announced that its Bitwise 10 Crypto Index ETF (BITW) has officially begun trading today on the New York Stock Exchange (NYSE) Arca as a fully structured ETF product.

BITW holds a diversified portfolio of the top 10 major crypto assets, ranked by market capitalization, and undergoes a monthly rebalancing to maintain accurate market exposure.

๐ŸŒโœจ Why It Matters

๐Ÿ› Another major step in bringing crypto exposure into traditional finance

๐Ÿ“ฆ BITW offers investors a simplified way to gain diversified exposure to the top crypto assets

๐Ÿ”„ Monthly rebalancing ensures the index reflects market trends dynamically

๐Ÿš€ Signals continuing institutional acceptance of digital assets

๐Ÿ“Œ Quick Summary

๐Ÿ†• BITW officially starts trading on NYSE Arca

๐Ÿ”Ÿ Holds a top-10 crypto asset index by market cap

๐Ÿ”„ Portfolio rebalanced monthly

๐Ÿ’ผ Expands institutional pathways to crypto exposure
๐Ÿš€๐Ÿ’น Bitget Launches 5th Zero-Fee US Stock Trading Contest โ€“ 20,000 BGB Prize Pool

On December 10, Bitget kicked off the 5th zero-fee US stock trading contest on its platform.

Event Details:

Users trading US stocks on Bitget enjoy 0 trading fees during the event

Rankings based on cumulative trading volume of tokens like AMDon, CRCLon, NFLXon

Top 261 participants receive 50โ€“500 BGB each

Registration is required via the โ€œJoin Nowโ€ button on Bitgetโ€™s platform

Event ends: December 12, 23:59 (UTC+8)

๐Ÿ“Š๐Ÿ’ฌ Market Highlights

โšก๏ธ Zero-fee trading encourages high participation and liquidity

๐ŸŽ BGB airdrops reward top traders

๐Ÿฆ Promotes engagement in US stock token trading

๐Ÿ“Œ Quick Summary

๐Ÿ’น Contest: Zero-fee US stock trading on Bitget

๐Ÿ† Total prize pool: 20,000 BGB

๐Ÿ‘‘ Top 261 traders get 50โ€“500 BGB each

โณ Ends: Dec 12, 23:59 (UTC+8)
๐Ÿฆโš–๏ธ US OCC Finds Major Banks Still Restricting Services to Legitimate Crypto Firms
๐Ÿ“Š Telegram-style Report

On Dec 11, the Office of the Comptroller of the Currency (OCC) revealed that several of the largest U.S. banks continue to limit or deny services to companies in the crypto industry, even when their operations are legal, rather than based on financial risk.

Banks reviewed include: JPMorgan, Bank of America, Citi, Wells Fargo, U.S. Bank, Capital One, PNC, TD Bank, and BMO.

At least some of these banks imposed special restrictions or enhanced scrutiny on crypto clients.

OCC Comptroller Jonathan V. Gould stated the findings reflect the agencyโ€™s commitment to:

โ€œEnding the weaponization of finance by regulators or banks.โ€

The report represents phase one of the OCCโ€™s investigation; thousands of complaints remain under review.

The OCC has generally been relaxing its stance on crypto:

Last month, the agency confirmed that major banks are allowed to hold crypto on their balance sheets to pay blockchain network fees for โ€œother permissibleโ€ banking operations.

On Dec 10, the OCC further clarified that banks may process โ€œrisk-free principal transactionsโ€ involving crypto assets.

๐Ÿ“Œ TL;DR

๐Ÿฆ Major U.S. banks still restrict crypto firms, despite legality of operations

โš–๏ธ OCC vows to hold banks accountable and combat financial discrimination

๐Ÿ“ˆ OCC is gradually relaxing rules, allowing banks to hold crypto and process risk-free crypto transactions

๐Ÿ” Findings are phase one; investigation ongoing with thousands of complaints pending