Digital Chamber defends OCC’s bank charter approvals for Coinbase, Ripple against Senator Warren’s claims
The Digital Chamber has defended the OCC's recent bank charter approvals for crypto firms like Coinbase and Ripple against Senator Warren's allegations. Warren claims that the OCC improperly granted these charters, allowing crypto companies to evade stricter banking regulations. The Chamber argues that these approvals align with congressional efforts to create a regulatory framework for digital assets and enhance consumer protection.
- ▪Senator Elizabeth Warren accused the OCC of improperly granting at least nine national trust bank charters since December 2025.
- ▪The charters allow limited fiduciary activities but do not permit the firms to take deposits or make loans like traditional banks.
- ▪The Digital Chamber argues that the OCC's approvals are consistent with congressional efforts to regulate stablecoin issuers and digital asset custodians.
Opening excerpt (first ~120 words) tap to expand
Digital Chamber defends OCC’s bank charter approvals for Coinbase, Ripple against Senator Warren’s claims The crypto trade group urged the OCC to stand behind its national trust bank charters after Warren accused the agency of improperly granting at least nine approvals since December 2025. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The Chamber of Digital Commerce fired back at…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
