America’s banking community is fighting back against a fintech, crypto-led letter to President Donald Trump, accusing fintech of trying to “mislead” the administration into backing Biden-era policies and “free ride” off of major banks.
Top fintech and crypto companies as well as venture capital firms wrote to President Donald Trump on Wednesday, urging him to stop American banks from charging fees for access to customer data.
JPMorganChase and other top banks have argued that these fintech and crypto companies need to recoup the cost of transmitting the data. On the obverse side, the fintech and crypto companies believe that charging a fee for…
Read the full article at BREITBART.COM
