Ripple Eyes U.S. Banking License Amid Regulatory Push
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Ripple Labs, a blockchain-based cross-border company, has filed for a national banking license with the United States Office of the Comptroller of the Currency (OCC). Ripple’s CEO Brad Garlinghouse confirmed that the company is seeking a national banking charter, to enhance its regulatory compliance.
Garlinghouse also noted that Standard Custody, a Ripple subsidiary, applied for a Fed Master Account. As a result, Standard Custody will hold $RLUSD reserves directly with the Fed.
“Ripple always has and will continue to build trusted, battle-tested, and secure infrastructure. In a $250B+ market, RLUSD stands out for putting regulation first, setting the standard that institutions expect,” Garlinghouse noted .
Kava Price Prediction 2025, 2026 – 2030: Will KAVA Price Shoot To $1?
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PEPE Price Targets $0.00001600 After Breaking Falling Wedge
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Bitcoin Surges Past $110K as ETF Inflows Increase—Is a New All-Time High Imminent? Where Could the New BTC Price Peak Be?
The post Bitcoin Surges Past $110K as ETF Inflows Increase—Is a New All-Time High Imminent? Where Co...