👀 BIG US BANKS MAY SUE OVER #CRYPTO BANK LICENSES


Banking giants like Goldman Sachs, JPMorgan, and American Express are considering suing the U.S. OCC over its decision to grant national trust bank charters to #crypto firms. Banks argue issuing these licenses to #crypto firms could pose risks to Americans and the wider financial system. Firms receiving approvals include BitGo, Ripple, Paxos, and Fidelity, with conditional licenses also issued to, Bridge, and Stripe. #crypto
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