ICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability

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Community bankers are pushing back hard now that crypto exchanges are applying for national trust bank charters, with the Independent Community Bankers of America (ICBA) calling the move a threat to financial stability and consumer protections. At the same time, other bankers are concerned with the CLARITY Act and stablecoins. ICBA Tells OCC to Rescind […]