🇺🇸JUST IN: The bank lobby that fought the CLARITY Act is now SUING to stop crypto firms from getting federal trust bank charters. The Independent Community Bankers of America sued the OCC, arguing it has no legal authority to grant national trust charters to crypto firms. "Congress did not create the national trust charter as a side door into the banking system for crypto firms," says ICBA CEO Rebeca Romero Rainey. The OCC has cleared trust charters for crypto firms including Coinbase, Circle and Crypto(.)com, as well as Trump-linked World Liberty Financial. The OCC says it does not comment on litigation.