Community banks sue Trump regulators over crypto charters (opens the source in a new tab)

  • The ICBA sued the OCC and its head, Jonathan Gould, on Friday.
  • It says trust charters let crypto firms skip bank-level rules.
  • It asks a Washington, D.C. court to vacate a rule finalised this year.
Vacate
asks court to undo OCC rule
Last month
crypto bill died in Senate

Why it matters Who gets a bank’s badge without its rules?

Other side OCC’s Gould: banking must innovate to stay relevant.

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