As part of this authorization, the company will be able to manage stablecoin reserves RLUSD and hold crypto assets of corporate clients. At the same time, the operation in the mode of accepting deposits and issuing loans is not provided.
One source so far
Ripple receives final approval from US regulator OCC to create its own trust bank
№ 1330Published Updated 1 min read
Story thread
Ripple is actively developing its presence in the Turkish cryptocurrency market, whose annual turnover is approximately $ 200 billion
2 updates · since October 6
- Ripple is actively developing its presence in the Turkish cryptocurrency market, whose annual turnover is approximately $ 200 billion
Ripple receives final approval from US regulator OCC to create its own trust bank · you are here
Telegram
Get the full story in Telegram
Extended details, links and updates are published in our channel.
Sources
Related stories
Regulation
Block discloses proposed $764 million DOJ payment in AML case
Block said it had reached an agreement in principle with the DOJ over a claim concerning its anti-money laundering program. The potential settlement totals approximately $964 million, with an expected net payment of about $764 million afte…
Read →Regulation
Coinbase received a full federal trust license in the United States
Coinbase received full federal trust license in the United States. The Federal Banking Regulator OCC has granted the company permission to provide services for storing digital assets and making payments under federal supervision. This lice…
Read →Regulation
The European Union has formed a specialized working group to counter the circumvention of anti-Russian sanctions through the use of cryptocurrencies
For 12 months, the organization will monitor suspicious transactions, giving priority to Russian cryptographic networks, in particular the A7 network and the associated A7A5 token.
Read →Regulation
Binance France to close customer accounts 31December 2026year
The exchange failed to obtain permission under the MiCA regulation.
Read →