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US Banking Groups Urge OCC to Delay Ripple, Circle, and Other Crypto Firms' Banking Licenses
The US banking groups have urged the Office of the Comptroller of the Currency (OCC) to delay its decision on granting national banking charters to crypto firms, Rippe and Circle. Agencies like the American Bankers Association, along with many other banks and credit union trade groups, raised concerns about the lack of transparency in applications submitted by both of the crypto firms