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ICBA Sues OCC to Stop Alleged Fast-Track of Crypto Bank Charters

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ICBA Sues OCC to Stop Alleged Fast-Track of Crypto Bank Charters

Independent Community Bankers of America sued the Office of the Comptroller of the Currency, alleging that the regulator authorized cryptocurrency firms to enter the banking system without being subject to the same scrutiny as community banks, according to a Friday (Oct. 2) press release from the association. The lawsuit centers on the OCC’s March 2 final rule related to Interpretive […] The post ICBA Sues OCC to Stop Alleged Fast-Track of Crypto Bank Charters appeared first on PYMNTS.com.

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