Paige Pidano Paridon

Executive vice president and co-head of regulatory affairs, Bank Policy Institute

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Community banks sue US regulator over crypto trust charters

Expressed support for the ICBA's position

A trade group for community banks sued the U.S. banking regulator Friday over federal trust charters granted to crypto firms. The Independent Community Bankers of America (ICBA) argues the Office of the Comptroller of the Currency (OCC) exceeded its statutory authority by chartering entities that primarily deal in digital assets.

Updated 2 hours ago