Top fintech and crypto executives urged the Trump administration to block US banks from charging fees for access to customer data, levies that strike at the heart of their business models. Klarna Group Plc, Robinhood Markets Inc. and crypto exchange Gemini were among a long list of companies, investors and lobbying groups that signed a letter sent Wednesday to President Donald Trump, arguing that the proposed fees would “cripple” innovation and “may cause small businesses and financial tools to shut down entirely.”
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