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US BANKS vs CRYPTO FIRMS
Big banks like the ABA are urging the OCC to stop giving bank licenses to crypto giants like Circle , Ripple & Fidelity.
They say crypto firms are too risky and not like real banks.
This comes right after the GENIUS Act was signed, which makes it easier for stablecoin companies to get bank charters.
The fight over who gets to be a bank in the crypto era is just getting started.
Read full story here👇