Bank Charters - GoKawiil

Small Banks Challenge Federal Charters for Crypto Firms Including Coinbase and Ripple

A group of smaller banking institutions has filed lawsuits aiming to prevent the issuance of national trust charters to cryptocurrency companies such as Coinbase and Ripple. Recently, World Liberty Financial, a firm linked to former President Trump, was granted a conditional trust charter by federal regulators. The legal action seeks to restrict the expansion of crypto firms into traditional banking frameworks.

gizmodo.com · 2026-10-06

Community bank groups sue OCC over national charters granted to crypto firms

Advocacy groups representing community banks have filed a lawsuit against the Office of the Comptroller of the Currency, challenging its decision to grant national bank charters to crypto companies. The suit argues that the regulator overstepped its authority in approving these charters for firms operating in the digital asset space.

news.slashdot.org · 2026-10-04