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via Decrypt · By Decrypt Editorial

Crypto Industry Fights Senator Warren's Claim That Coinbase, Ripple Bank Charter Approvals Are Illegal

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DE
Decrypt Editorial
(02:00 PM UTC)
1 min read
SC
Reviewed bySarah Chen

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 Sen. Elizabeth…

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