OCC rejected political pressure in case $WLFI
The Office of the Comptroller of the Currency (OCC) stated that the consideration of the banking license $WLFI will take place without political or financial influence, dismissing the demands of Senator Elizabeth Warren.
🔹 OCC's position: the decision will be purely regulatory. OCC Inspector Jonathan Gould confirmed the impartiality of the process.
🔹 Warren's criticism: the senator insists on the risk of a conflict of interest and demands that the Trump family withdraw from participation in WLFI.
🔹 Market implications: the approval of the charter could affect the issuance, buyback, and custody of stablecoins in the U.S. and set a precedent for other crypto projects.
🔹 Context: previously, Ripple and Circle were granted permission to operate as national trust banks — the trend towards stricter oversight of stablecoins is intensifying.
📌 The regulator signals a course towards formalization and enhanced control of stablecoins, which could change the rules of the game for the entire sector.
#WLFI #OCC #Stablecoins #usa #DigitalAssets
