Ripple Gets OCC’s OK to Launch National Trust Bank
By PYMNTS
AI summary of the source article
Ripple received regulatory approval from the Office of the Comptroller of the Currency to operate Ripple National Trust Bank. Ripple CEO Brad Garlinghouse announced the charter approval in a post on social platform X.
Key facts
- Ripple received regulatory permission to operate Ripple National Trust Bank.
- The Office of the Comptroller of the Currency granted final approval for the charter.
- Ripple CEO Brad Garlinghouse announced the approval in a post on social platform X.
Source excerpt · PYMNTS
Ripple received regulatory permission to begin operating its own bank, Ripple National Trust Bank, according to a Monday (Oct. 26) press release. The Office of the Comptroller of the Currency gave its final approval for the charter, Ripple CEO Brad Garlinghouse said in a Monday post on social platform X. “This gives Ripple a federally […] The post Ripple Gets OCC’s OK to Launch National Trust Bank…