Digital Chamber Defends OCC Crypto Trust Charter Approvals

TLDR The Digital Chamber rejected Sen. Elizabeth Warren’s claim that crypto trust charter approvals were improper. The group said Warren misread the National Bank Act and the OCC’s charter authority. Warren argued that firms like Ripple, Circle, Paxos, BitGo, Fidelity, and Coinbase face weaker standards. The Digital Chamber said federally regulated trust banks would not [...]

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