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

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Change: $0.0693 (6.33%)

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Long: 75.3%Short: 24.7%
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Ripple
Ripple
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-1.78%

Volume (24h): -

Resistance Levels
Resistance 3$1.2628
Resistance 2$1.1705
Resistance 1$1.1131
Price$1.1095
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Support 2$1.0508
Support 3$0.8986
Pivot (PP):$1.1127
Trend:Downtrend
RSI (14):37.4
DE
Decrypt Editorial
(02:00 PM UTC)
1 min read
SC
Reviewed bySarah Chen
1388 views
0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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