Judge Dismisses States’ Lawsuit Over Fintech Charter

The case put forward by the Conference of State Bank Supervisors which challenged the OCC’s fintech charter has been dismissed because the OCC has not yet granted a charter; Judge Dabney Friedrich wrote, “There may ultimately be no case to decide at all if the OCC does not charter a Fintech…Therefore, even if CSBS had successfully alleged an injury in fact, this case is prudentially unripe.” Source

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