American Bankers Association Calls on OCC to Slow Down Approval of National Bank Charters for Digital Asset Firms

BlockBeats News, February 12th: The American Bankers Association (ABA) has called on the Office of the Comptroller of the Currency (OCC) to slow down the approval process for national bank charters for digital asset companies. The banking industry’s lobbying group stated that the OCC needs to ensure its regulatory and bankruptcy framework can handle the risks posed by cryptocurrency and stablecoin companies, and urged all parties to remain patient.