BBX Logo Beta

--

[Digital Chamber Sends Letter to OCC Supporting Banking Charters for Crypto Companies] According to Decrypt, the Digital Chamber sent a letter on May 26 to Acting Comptroller of the Currency Jonathan Gould, expressing support for granting national trust bank charters to crypto companies such as Coinbase, Ripple, and Circle, while refuting accusations made by Senator Elizabeth Warren. The Digital Chamber stated that the 'GENIUS Act' has authorized the OCC to expand charters, and that the relevant companies do not accept FDIC-insured deposits or engage in traditional banking activities.

Loading...