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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.

banking regulationcryptocurrencylawsuit

CCryptoSlate★★★☆☆2026-10-03 20:00Original

Bankers sue to overturn OCC trust-bank rule used by crypto firms
Bankers sue to overturn OCC trust-bank rule used by crypto firmsEconomy