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A coalition of fintech and cryptocurrency trade groups has called on President Trump to intervene against JPMorgan Chase’s plan to impose fees for accessing customer data. The groups warn that JPMorgan’s proposed charges threaten the principles of open banking by limiting fintech and crypto firms’ ability to deliver innovative, competitive financial services. They urge regulatory action to ensure fair and affordable access to banking data, which is crucial for fostering innovation and expanding consumer choice in the digital financial ecosystem.
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- Sohrab Khawas
Sohrab Khawas
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Jul 24, 2025 10:26 UTC
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Crypto Groups Urge Trump to Stop JPMorgan Data Fees
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