Banks have filed a lawsuit against the Office of the Comptroller of the Currency (OCC) over the charters it has approved for crypto companies. An advocacy group, CCI, is now pushing back against that legal challenge. Cointelegraph reported the dispute on Oct 5, 2026.
CCI chief executive Ji Hun Kim said the group is still confident in the OCC's decision to approve the charters. That position comes despite the banks' lawsuit and objections from some lawmakers.
The report does not name the banks behind the lawsuit or the lawmakers who object. It also does not describe the legal claims, the court, or any timeline. It is not known how or when the case will be decided.
For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this news changes nothing directly. The report mentions no change to funding rates, trading fees or liquidity on any of these exchanges. It is a legal dispute in the US over bank charters, and it has no reported effect on what it costs to hold a perp today.
Source: cointelegraph — Advocacy group pushes back on banks’ lawsuit against OCC over charters