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US Banking Industry Opposes Crypto Company Bank Charter Application

By: theblockbeats.news|2025/07/21 07:22:05

BlockBeats News, July 21st, according to Cointelegraph, the American Bankers Association and Credit Union National Association jointly wrote to the Office of the Comptroller of the Currency (OCC), requesting a delay in the decision on bank charter applications from companies such as Circle and Ripple. The banking industry believes that these applications lack sufficient information for public evaluation and that the business models of crypto companies are fundamentally different from those of traditional trust banks.

Solana-Based Meme Coin GOR's Market Cap Surges Above $28 Million Briefly, Up Over 92.17% in 24 Hours

SOL breaks through 190 USDT, with a 24-hour increase of 6.54%