Top Banks Lobby Against Ripple, Circle Trust Approval — Fear of XRP Disruption?
U.S. banking groups are urging regulators to slow down the approval of national banking charters for crypto firms. They argue that companies like Ripple and Circle don’t currently meet the fiduciary standards and shouldn’t yet be granted such privileges. A coalition of major U.S. banking trade associations, including the Consumer Bankers Association, Independent Community Bankers