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Sen. Lummis Pushes US Regulator to Finalize Open Banking Rule Backing Crypto

The Senator warned banks have weaponized account access against crypto firms, urging the CFPB to finalize the rule “as soon as possible.”

Pro-crypto lawmakers have demanded immediate action to prevent large banks from blocking Americans’ access to digital asset platforms and other financial services.
In a letter sent Tuesday to Acting CFPB Director Russ Vought, Senator Cynthia Lummis (… [3303 chars]

Source: Decrypt | Published: 2025-10-22T08:43:38Z

Credit: Decrypt

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