WASHINGTON — The proposed charter for fintech firms — and what requirements should come with it — is rapidly becoming a massive battle that pits state regulators, consumer protection groups and even some banks against a broad assortment of fintech firms and financial institutions.

In dozens of letters to the Office of the Comptroller of the Currency, which announced the creation of the charter in December, players on both sides of the debate agreed only on one thing — that it could significantly impact the future of the financial system.

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