By Emir Abyazov Ripple Labs is applying for a U.S. banking license, a move that could dramatically change its status in the financial ecosystem. CEO Brad Garlinghouse confirmed on social network X that the company has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national banking charter. True to […]
Tag: OCC
By mrblockchain The Federal Reserve has retracted prior guidance that discouraged banks from engaging in cryptocurrency and stablecoin activities, signaling a shift toward supporting innovation in the sector. The rescinded guidelines, issued in 2022 and 2023, had warned banks about the risks of crypto, including volatility, liquidity, and legal challenges. Industry leaders like Michael Saylor […]
By Emir Abyazov A month ago, US President Donald Trump addressed the participants of the Digital Asset Summit cryptocurrency conference in New York. In his video message, he confirmed his desire to turn America into the leader of the blockchain industry, emphasized the importance of creating a legal framework for stablecoins, and announced the end […]