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via Decrypt · By Decrypt Editorial
Crypto Industry Fights Senator Warren's Claim That Coinbase, Ripple Bank Charter Approvals Are Illegal
XRP
XRP/USDT
$1.1088
-3.40%
$1.1088
-3.40%
(24s)24h Volume
$1,018,760,940.96
24h H/L
$1.1639 / $1.0946
Change: $0.0693 (6.33%)
Long/Short
75.3%
Long: 75.3%Short: 24.7%
Funding Rate
+0.0002%
Longs pay
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Decrypt Editorial(02:00 PM UTC)
1 min read
1388 views
0 commentsIn 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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