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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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Decrypt Editorial(02:00 PM UTC)
1 min read
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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