U.S. OCC Conditionally Approves Ripple’s National Trust Bank Charter, amid U.S. Home Prices Turning Negative YoY

The U.S. Office of the Comptroller of the Currency (OCC) announced conditional approval for Ripple’s application to charter Ripple National Trust Bank, a federally supervised national trust bank focused on digital asset custody and related fiduciary services. This is not a full commercial banking license, it does not allow taking deposits or making loans like […] The post U.S. OCC Conditionally Approves Ripple’s National Trust Bank Charter, amid U.S. Home Prices Turning Negative YoY appeared first on Tekedia.

U.S. OCC Conditionally Approves Ripple’s National Trust Bank Charter, amid U.S. Home Prices Turning Negative YoY

The U.S. Office of the Comptroller of the Currency (OCC) announced conditional approval for Ripple’s application to charter Ripple National Trust Bank, a federally supervised national trust bank focused on digital asset custody and related fiduciary services. This is not a full commercial banking license, it does not allow taking deposits or making loans like […]

The post U.S. OCC Conditionally Approves Ripple’s National Trust Bank Charter, amid U.S. Home Prices Turning Negative YoY appeared first on Tekedia.

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