Rain seeks US trust bank charter days after OCC sued over crypto charters

Crypto Insight Summary: Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning them. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory clarity may boost institutional adoption but court case adds uncertainty.