News Explorer — US Banks Press Regulator to Slow Crypto Charter Approvals

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Feb 12, 5:31 am

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US Banks Press Regulator to Slow Crypto Charter Approvals

The American Bankers Association has urged the Office of the Comptroller of the Currency to slow down the approval process for crypto charter applications due to undefined regulatory frameworks. The ABA emphasized the need for robust safety standards and expressed concerns about potential risks to the financial system.

The American Bankers Association has urged the Office of the Comptroller of the Currency to slow down the approval process for crypto charter applications due to undefined regulatory frameworks. The ABA emphasized the need for robust safety standards and expressed concerns about potential risks to the financial system.

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