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Banks Sue Over Crypto Charters as Tom Lee Backs $10K ETH, Citi Eyes $150K Bitcoin

Banks Sue Over Crypto Charters as Tom Lee Backs $10K ETH, Citi Eyes $150K Bitcoin

Banks are challenging crypto's federal charter pathway as Tom Lee backs a bullish $10,000 Ethereum call.
Banks are challenging crypto’s federal charter pathway as Tom Lee backs a bullish $10,000 Ethereum call.

Key Takeaways

  • ICBA is suing the OCC over its national trust bank charter framework.

  • The complaint specifically challenges Protego’s approval.

  • Citi’s Bitcoin bull case exceeds $150,000, while Tom Lee backs a $10,000 Ethereum call.

America’s community banking lobby is taking its fight against crypto’s expansion into banking to federal court, even as Tom Lee backs a bullish post predicting Ethereum will reach $10,000.

The Independent Community Bankers of America’s lawsuit challenges the federal charter framework supporting crypto companies’ entry into banking, with…

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