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Banking Group Challenges OCC Over Crypto Trust Charter Approvals

Guavy AI Editorial Team
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A banking group has filed a lawsuit against the Office of the Comptroller of the Currency (OCC) over its approval of crypto trust charter applications.

The group, which wishes to remain anonymous, claims that the OCC has exceeded its authority in granting these charters.

Crypto companies have been applying for trust charters from the OCC to access a wider range of financial services and expand their operations.

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