The Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) in federal court on Friday, accusing the regulator of overstepping its legal authority by granting national trust-bank status to crypto firms. The ICBA argues that these firms are entering the U.S. banking system without being subjected to the same level of regulatory oversight, capital, liquidity, and FDIC insurance requirements as community banks, placing smaller institutions at a severe competitive disadvantage. The lawsuit follows the OCC's approval of charters for several crypto-focused entities, including World Liberty Financial (partly owned by the Trump family) and OpenReserve Bank.