Coinbase Vs Banks: Why US Banks Are Opposing Coinbase’s Trust Bank?

Source: CoinGape

Coinbase Vs Banks: Why US Banks Are Opposing Coinbase’s Trust Bank?
Crypto exchange Coinbase’s latest acquisition of conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank is now facing backlash. US community banks are pushing back against the move, citing potential risks to consumers and the financial system