🏛️ Ripple receives final OCC approval to custody crypto

Ripple National Trust Bank received final approval from the OCC to offer crypto custody. This authorization strengthens regulatory confidence and could spur competition in custody and stablecoin services.

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Source: The Defiant · https://thedefiant.io/converge/tradfi-and-fintech/ripple-wins-final-occ-trust-bank-approval-for-rlusd-reserves-and-custody