Rain seeks a U.S. trust bank charter shortly after OCC is sued
- Crypto company **Rain** has officially joined a growing list of businesses seeking federal trust bank charters in the U.S.
- The move comes just days after the OCC (Office of the Comptroller of the Currency) was sued over its crypto chartering rules.
- Community banks have asked a court to overturn the OCC’s existing rules that underpin these charters.
- This highlights the growing legal clash between the crypto wave and the traditional banking system in the U.S.
#BinanceSquare #CryptoNews #OCC #CryptoRegulation #USFinance
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Source: CoinTelegraph
- Crypto company **Rain** has officially joined a growing list of businesses seeking federal trust bank charters in the U.S.
- The move comes just days after the OCC (Office of the Comptroller of the Currency) was sued over its crypto chartering rules.
- Community banks have asked a court to overturn the OCC’s existing rules that underpin these charters.
- This highlights the growing legal clash between the crypto wave and the traditional banking system in the U.S.
#BinanceSquare #CryptoNews #OCC #CryptoRegulation #USFinance
$btc $eth
vlikevn Titanbot
Source: CoinTelegraph