Ripple Secures US Bank License Boosting Crypto
On December 14, Ripple announced a major milestone: receiving conditional approval from the Office of the Comptroller of the Currency (OCC) to establish the Ripple National Trust Bank. This regulatory breakthrough marks a pivotal moment for Ripple, enhancing its credibility and operational scope within the US financial market. As Ripple strengthens its positioning, the news triggers optimism in the cryptocurrency sphere, particularly regarding XRP, Ripple’s native digital asset.
Ripple’s New Regulatory Achievement
The approval from the OCC allows Ripple to set up the Ripple National Trust Bank. This reflects Ripple’s efforts to align with regulatory standards, particularly important as digital currencies strive for broader…
