US banks say crypto applications for trust charters threaten financial system

Big banks in the U. S. are not staying quiet anymore. They’re calling out crypto firms for trying to sneak into the regulated financial world using national trust-bank charters, and they’re pissed. Two trade group giants, the Bank Policy Institute (BPI) and Independent Community Bankers of America, just told the Office of the Comptroller of the […] source: https://www.cryptopolitan.com/us-banks-crypto-applications-trust-charters/