ICBA Sues OCC Over National Trust Bank Charters for Crypto Firms

ICBA

"Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued a statement on the lawsuit filed n the U.S. District Court for the District of Columbia against the Office of the Comptroller of the Currency (OCC) for authorizing novel entities primarily dealing in cryptocurrencies to enter the banking system without being subject to the same rigorous regulatory framework or safeguards as community banks."