American Action Forum Issues Commentary: Crypto Firms' Ongoing Push Toward the Banking Perimeter - Chartering Efforts and Regulatory Tension
November 20, 2025
November 20, 2025
WASHINGTON, Nov. 20 -- The American Action Forum issued the following commentary on Nov. 19, 2025:
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Crypto Firms' Ongoing Push Toward the Banking Perimeter: Chartering Efforts and Regulatory Tension
By Thomas Kingsley
Executive Summary
* Crypto firms continue the pursuit of national bank and state trust charters to access payment rails, supervisory clarity, and institutional credibility; regulators remain cautious howeve . . .
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Crypto Firms' Ongoing Push Toward the Banking Perimeter: Chartering Efforts and Regulatory Tension
By Thomas Kingsley
Executive Summary
* Crypto firms continue the pursuit of national bank and state trust charters to access payment rails, supervisory clarity, and institutional credibility; regulators remain cautious howeve . . .