CryptoBearishBlockonomi · Jun 27/10
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The National Trust Loophole – How Crypto Giants are Bypassing US State Regulators
Cryptocurrency companies are reportedly exploiting a regulatory loophole by using national trust company charters to bypass fragmented state-level licensing requirements. This strategy allows crypto firms to operate nationwide while avoiding the expensive and time-consuming process of obtaining individual state money transmitter licenses, potentially undermining state regulatory oversight.
