Gemini Co-Founder Says Banks Are Sabotaging Trump’s Pro-Crypto Vision

Gemini co-founder Tyler Winklevoss has accused JPMorgan and other major banks of attempting to derail financial innovation by targeting consumer rights tied to data access. In a June 19 post on X, Winklevoss warned that Wall Street institutions are actively working to dismantle the Consumer Financial Protection Bureau’s (CFPB) “Open Banking Rule. ” JPMorgan Accused of Undermining Open Banking and Crypto Access The Open Banking Rule, derived from Section 1033 of the Consumer Financial Protection Act, empowers consumers to access and share their financial data through third-party apps like Plaid. However, some large banks are reportedly challenging the rule in court source: https://beincrypto.com/experts-slam-jpmorgan-over-harming-crypto/