The cryptocurrency industry calls on Trump to stop JPMorgan from charging fees for data access

According to reports from HashChain News, ten major fintech and cryptocurrency industry associations have jointly written to President Trump, emphasizing that he should stop JPMorgan from imposing high fees for customer bank data access. The associations warned that this move could lead to millions of Americans being 'unbanked' and pose a threat to the use of stablecoins and self-custody wallets. The letter reiterated that financial data should belong to the American public, not banks. The associations urged the White House to take appropriate measures by July 29 to ensure that consumers can access bank data for free, thereby maintaining an environment for financial innovation.