Under the Office of the Comptroller of the Currency's new rule, banks will still be allowed to refuse service to certain customers, but they must use individual, quantifiable, customer-by-customer risk assessments. https://www.eff.org/deeplinks/2021/01/new-occ-rule-win-fight-against-financial-censorship
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@eff It's a mixed bag. It sucks that banks discriminate (I've been refused an acct & the bank wouldn't even give a reason). OTOH, if banks are forced to serve anyone, this could be an advancement on the #WarOnCash. That is, saying "the bank can refuse to serve me for any reason" will no longer be a defense for keeping cash.
