The United States Grants Unprecedented Banking Status to Five Crypto Companies
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The Office of the Comptroller of the Currency has just opened a historic door for five major players in the crypto sector. Ripple, Circle, Paxos, BitGo, and Fidelity Digital Assets have received conditional approval to operate as national trust banks. A breakthrough that reshapes the contours of American finance.
In Brief
- The U.S. bank regulator (OCC) conditionally approved the banking charter applications of five major crypto companies.
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