EconomyBankers sue to overturn OCC trust-bank rule used by crypto firms
The Independent Community Bankers of America sued the OCC in federal court, seeking to vacate its national trust-bank rule and Interpretive Letter 1176. The group argues the agency exceeded its authority by broadening limited-purpose trust charters for fintech and crypto companies. The OCC says the rule preserves its chartering authority.
Bankers sue to overturn OCC trust-bank rule used by crypto firms
Economy