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Cryptocurrency
from24/7 Wall St.
13 hours ago

Ripple (XRP) News: Elizabeth Warren Says Ripple's Bank Charter Was Granted Illegally

Elizabeth Warren challenged Ripple’s OCC-issued charter, alleging regulatory arbitrage that grants bank-like powers without bank-level obligations and risks.
fromnews.bitcoin.com
1 week ago

Sen. Warren Accuses OCC of Granting Illegal Charters to Coinbase, Ripple, and 7 Others

Sen. Warren sent OCC Comptroller Gould a formal letter on May 18, 2026, targeting 9 crypto trust charters including Coinbase and Ripple. Warren argues the OCC violated the National Bank Act by approving firms conducting non-fiduciary activities like staking, lending, and stablecoin issuance. The senator set a June 1, 2026, deadline for the OCC to produce charter records and any Trump family communications tied to the approvals.
Cryptocurrency
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