Crypto Industry Fights Senator Warren’s Claim That Coinbase, Ripple Bank Charter Approvals Are Illegal – Decrypt
In brief The Digital Chamber urged the OCC to defend recent national trust bank charter approvals for crypto firms. Sen. Elizabeth Warren argued the approvals may violate banking law by letting crypto firms perform bank-like activities under lighter regulation. The crypto industry countered that Congress effectively authorized such activity through the GENIUS Act. Days after...
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