Coinbase stated that it has submitted a letter of opinion to U.S. regulators, supporting the removal of the 'reputational risk' standard in banking regulation. Coinbase claimed that during the Biden administration, examiners from the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) pressured legitimate businesses under the guise of 'reputational risk.' Coinbase pointed out that the concept of 'reputational risk' is vague, subjective, and difficult to quantify, with no direct correlation to financial risk or illegal activities. It can easily become a tool for political bias and should not be used as a basis for banking regulation. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=54601