Independent Community Bankers of America Sues OCC Over Crypto and Fintech Bank Charters

The Independent Community Bankers of America (ICBA) has filed a federal lawsuit against the Office of the Comptroller of the Currency (OCC), alleging that the federal regulator has unlawfully opened the door for cryptocurrency firms and fintech companies to enter the traditional banking system. According to the association, the regulator has permitted these novel entities…

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