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BTCC / BTCC Square / Global Cryptocurrency /
Crypto Groups Urge Trump to Stop JPMorgan Data Fees

Crypto Groups Urge Trump to Stop JPMorgan Data Fees

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-07-24 10:47:02
0
BTCCSquare news:

A coalition of fintech and cryptocurrency trade groups is pressing President Trump to block JPMorgan Chase's proposed fees for customer data access. The move, critics argue, undermines open banking principles and stifles innovation in financial services.

Industry representatives warn that imposing such costs would disadvantage fintech and crypto firms, limiting their ability to compete with traditional banks. The groups emphasize that affordable data access is critical for maintaining a dynamic digital financial ecosystem.

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