Community banks have just started a legal battle against the OCC.
They argue that the regulator overstepped its role when it granted licenses to cryptocurrency companies.
The core claim is that the OCC took powers that do not fall under its mandate from Congress.
This is a direct clash between the traditional banking system and the new digital infrastructure.
What do you think of this legal move?
$BTC #Cripto #Regulacion
They argue that the regulator overstepped its role when it granted licenses to cryptocurrency companies.
The core claim is that the OCC took powers that do not fall under its mandate from Congress.
This is a direct clash between the traditional banking system and the new digital infrastructure.
What do you think of this legal move?
$BTC #Cripto #Regulacion
