Crypto Execs Urge Trump to Block Bank Data Fees

Crypto Execs Urge Trump to Block Bank Data Fees
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Over 80 crypto and fintech executives have called on the Trump administration to prevent banks from imposing data access fees, which they argue harm innovation and consumer choice. The group warns these fees could cripple the crypto and digital payments industries.

  • Crypto and fintech leaders warn bank-imposed data fees threaten innovation and consumer choice.
  • Gemini, Robinhood, and major crypto lobby groups support the push against these fees.
  • The letter claims banks aim to preserve dominance by blocking access to alternative financial services.
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