[U.S. Crypto Industry Alliance Sends Letter to CFPB Opposing Bank Data Access Fees] On October 21, multiple U.S. crypto institutions, fintech companies, and retail organizations jointly sent a letter to the Consumer Financial Protection Bureau (CFPB), opposing the proposal by major banks to charge fees for data access. The alliance urged the preservation of consumers' rights to freely share financial data under Rule 1033, ensuring the connection between bank accounts and platforms such as crypto exchanges and stablecoin wallets. The alliance warned that banks' attempts to limit the scope of consumer representation and impose additional fees would weaken market competition, hinder financial innovation, and potentially cause the U.S. to fall behind other countries in the field of open banking. The letter emphasized that open banking rules are critical to the financial ecosystem and called on the CFPB to resist banks' attempts to charge fees for financial data access.