The National Institute of Banking Supervisors opposes the issuance by the OCC of banking licenses to non-banking companies.

According to the Cointelegraph, according to data released on December 22, the National Bank of Supervisors (CSBS) has filed a lawsuit in District Court for the District of Columbia for the formation of a corporation that is not a financial corporation. Monetary Controller (OCC) approval and future approval of new National Bank licenses and license licenses provided by Figure Technologies. CSBS President and CEO John W. Ryan said: This is a frightening first. "I have no doubts that the courts will follow us and rule on the OCC as an attempt to strengthen its presence," he said.