regulation·3h ago
ICBA Sues OCC Over Crypto Firms' National Trust Charters
The Independent Community Bankers of America has filed a lawsuit challenging the OCC's authority to grant national trust bank charters to non-fiduciary crypto firms.
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Original coverage across the crypto market, updated daily.
The Independent Community Bankers of America has filed a lawsuit challenging the OCC's authority to grant national trust bank charters to non-fiduciary crypto firms.
The Independent Community Bankers of America alleges the OCC lacks the authority to charter crypto firms as national trust banks when they act outside a fiduciary role.