[U.S. Banking Lobby Group Blocking Crypto Companies from Obtaining Federal Trust Bank Licenses] BlockBeats News, October 3: The banking lobby group 'Independent Community Bankers of America' (ICBA), which previously opposed the 'CLARITY Act,' has recently filed a lawsuit against the U.S. Office of the Comptroller of the Currency (OCC), arguing that it lacks legal authority to grant national trust licenses to cryptocurrency companies. 'Congress did not intend for national trust licenses to serve as a backdoor for cryptocurrency companies to enter the banking system,' said ICBA CEO Rebeca Romero Rainey. The OCC has approved trust licenses for cryptocurrency companies including Coinbase, Circle, and Trump-associated World Liberty Financial. [Original Link]