OCC Grants Trust Bank Charters to Ripple, Circle & Other Crypto Firms

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The OCC has conditionally approved national trust bank charters for Ripple, Circle, and key crypto firms, allowing them to custody digital assets and manage stablecoin reserves—boosting regulatory clarity and institutional trust in U.S. crypto banking.    #CoinGabbar #Crpyto #News #OCC #TrustBank #Ripple #Circle #Stablecoins #CryptoBanking #updats #CrpytoNews

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00:01OCC-approved trust bank charters bring Ripple, Circle to U.S.

00:05OCC grants conditional trust bank charters to Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos.

00:11Ripple and Circle approved as new national trust banks, while others convert from state to federal oversight.

00:16Approved firms can custody digital assets and manage stablecoin reserves, not accept deposits.

00:21Move boosts regulatory clarity, institutional trust, and future of regulated crypto banking.

00:30Ripple and Circle

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