OCCGeneralJune 2, 2026

Federal Banking Agencies Remove 'Reputation Risk' from Supervisory Guidance

The OCC, FDIC, and Federal Reserve jointly updated 15 interagency guidance documents to remove references to reputation risk as a supervisory consideration. This is significant for crypto and fintech firms that have historically faced banking access challenges when banks cited reputational concerns; its removal may reduce discretionary debanking of digital asset businesses.

What to do

Engage your banking partners or correspondent banks to discuss whether the removal of reputation risk as a supervisory factor affects their policies toward crypto and fintech clients.

Who this affects

Bank / Credit UnionCrypto ExchangeMoney Services BusinessFintech / NeobankCrypto Custodian

Does this affect your program?

Pick your institution type for an instant read on whether you're in scope — then see exactly which sections of your own policies this changes.

Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

Related developments

SEC

SEC Reviews Approval of Nasdaq Bitcoin Index Options Listing

The SEC has granted a petition for review of the order that approved Nasdaq PHLX's Bitcoin Index Options listing, meaning the Commission will take a closer look at whether the product was appropriately approved. This signals continued regulatory scrutiny of crypto-linked derivatives and could affect the availability or structure of Bitcoin options products that broker-dealers and exchanges offer to clients.

SEC

SEC Approves Cboe Rule Change for Commodity-Based Trust Shares

The SEC has granted accelerated approval to a Cboe BZX Exchange rule change amending its standards for Commodity-Based Trust Shares, a category that encompasses crypto asset ETPs such as Bitcoin and Ether trusts. Compliance officers at firms listing, trading, or custodying such products should monitor how updated exchange listing rules may affect product eligibility and ongoing compliance obligations.

OCC

OCC Issues Revised CBLR Framework Compliance Guide for Community Banks

The OCC published a revised compliance guide for the Community Bank Leverage Ratio framework as part of broader regulatory relief efforts for community banks. This update is relevant to compliance officers at community banks that have elected or are considering electing the CBLR as their simplified capital adequacy standard, particularly those expanding into digital asset services or payments. Staying current on capital requirements is a foundational compliance obligation for any bank offering crypto custody or fintech-adjacent products.

OCC

OCC/Fed/FDIC Update Compliance Guide for Community Bank Leverage Ratio Framework

The OCC, Federal Reserve, and FDIC jointly revised the Community Bank Leverage Ratio (CBLR) compliance guide, reflecting updates to the framework used by qualifying community banks as a simplified alternative to the full Basel III capital regime. Compliance officers at community banks and bank-affiliated trust companies should review the revised guide to confirm their institution's capital reporting and election procedures remain aligned with current agency expectations. Although not directly a crypto-specific rule, banks providing custody, payments, or crypto-related services need adequate capital frameworks underpinning those activities.

Stay ahead of every rule change

PliOS monitors FinCEN, OCC, OFAC, the SEC and CFTC and tells you which of your policies each new rule affects — with the edit already drafted. Start free.

Run My Free Assessment