The Independent Community Bankers of America (ICBA) is suing the U.S. Office of the Comptroller of the Currency (OCC), accusing it of exceeding the authority granted under the National Bank Act by issuing national trust bank charters to crypto companies. The lawsuit claims this allows these companies to enter the U.S. banking system with lower requirements for capital, liquidity, regulation, and FDIC insurance compared to community banks. In recent years, the OCC has granted or approved trust bank charters for crypto firms like Coinbase, Circle, CryptoCom, and World Liberty Financial. ICBA had previously opposed the stablecoin provisions in the Digital Asset Market Structure and Investor Protection Act. (CoinDesk) https://(wublock123.com)/news/aba-sues-occ-over-trust-bank-licenses-for-crypto-companies-69455