U.S. Senator Elizabeth Warren has criticized the Office of the Comptroller of the Currency (OCC) for granting banking-related approvals to crypto companies, arguing that several firms are receiving privileges similar to traditional banks without meeting the same regulatory standards. In a letter addressed to Comptroller Jonathan Gould, Warren claimed the OCC has approved nine national trust charters for crypto-focused firms since 2025, raising concerns about the legality and risks tied to those approvals. According to Warren, many of the approved companies appear to operate more like… Read more
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