Crypto Firms and Automakers Are Looking to Open Banks, at Trump’s Urging

Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.

May 27, 2026 - 13:00
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Crypto Firms and Automakers Are Looking to Open Banks, at Trump’s Urging
Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.

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