🤔 What happened: Over 80 crypto and fintech leaders signed a public letter urging the U.S. administration to block banks from imposing “account access” / customer data access fees. The signatories argue such fees would restrict consumer choice and raise costs for apps that connect to bank accounts (wallets, on‑ramps, budgeting/investing tools).

Why it matters to us:

If fees are blocked, U.S. open‑banking rails remain lower‑friction — better conversion for

fiat → crypto on‑ramps, faster account checks, and reduced overhead for smaller players.

If fees go through, expect higher operating costs for aggregators and on‑ramp providers, more KYC/verification friction, and slower onboarding — a headwind for retail crypto flows.

👀 What to watch next:

White House / regulator response and any guidance tied to open‑banking / Section 1033.

Whether large banks proceed with fee schedules and how quickly platforms adjust their API agreements.

Legal challenges and timelines; look for interim arrangements that cap or waive fees.

📊 Trading angle: This isn’t an immediate buy/sell signal, but policy direction can shift U.S. retail liquidity. If fees are shelved, we could see a medium‑term tailwind for on‑ramp volumes and altcoin participation during risk‑on periods. Manage expectations; position sizing stays disciplined.

#MarketTurbulence #BinanceAlphaAlert #USStablecoinBill $BNB $BTC