[Senator Warren Pressures Regulators, Questions Crypto Industry's Push for Trust Bank Licenses] BlockBeats News, May 19, according to Bloomberg, U.S. Democratic Senator Elizabeth Warren is questioning a financial regulatory decision that allows cryptocurrency companies to enter the banking system, stating that some of these companies 'do not appear to be qualified.' The Democratic Senator from Massachusetts sent a letter to the Acting Comptroller of the Currency, Jonathan Gould, claiming that the regulator has approved national trust bank licenses for at least nine cryptocurrency companies, which 'seem to far exceed the narrow scope of business permitted by law,' and that this 'clearly violates the National Bank Act.' [Original Link]