Crypto Firms Urge Trump to Block Bank Data Fees

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A coalition of crypto and fintech executives has called on US President Donald Trump to stop banks from charging fees for access to customer account data , warning such costs could stifle innovation and limit consumer choice. In a letter sent Wednesday, the group accused major banks of trying to “preserve their market position by imposing exorbitant new ‘account access’ fees,” which they argued would prevent consumers from linking accounts to better financial products. The letter was backed by G...