BANKING GROUPS URGE OCC TO DELAY LICENSES FOR CIRCLE, RIPPLE
The American Bankers Association and other major financial groups have asked the OCC to delay granting national bank charters to crypto firms like Circle and Ripple, citing significant policy and procedural concerns.
This move reflects growing friction between traditional financial institutions and crypto-native companies pushing for deeper integration into the U.S. banking system.
Source: @WuBlockchain
BANKING GROUPS URGE SEC TO DROP 4-DAY CYBER BREACH REPORTING RULE
Major banking associations are pressuring the SEC to abandon its rule requiring public companies to disclose cybersecurity breaches within four days.
They argue the mandate poses national security risks and could compromise law enforcement investigations.
Source: @Reuters
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