‼️ The Association of Financial Technologies protests against #API fees

📣 More than 80 leaders from the crypto and fintech industries have signed a letter urging Trump to block bank fees that threaten open banking.

✅ Starting in September, American banks want to charge fees for interacting with API applications.

✅ Although the rates are not specified, it is expected that crypto and fintech applications will pay hundreds of millions of dollars for this.

Leaders in the crypto industry stated that such fees will restrict consumer access to alternative financial products#API #NEW #BankingNews