OCC Grants Conditional Approval to Ripple, Circle, BitGo, Fidelity, Paxos for National Trust Bank Charters
Yahoo Finance·2025-12-13 02:14
The Office of the Comptroller of the Currency (OCC) announced conditional approval for five national trust bank charter applications from five major crypto companies on Dec. 12. Benefiting from this announcement are Ripple, Fidelity Digital Assets, BitGo, Paxos, and Circle. According to a press release, the OCC conditionally approved applications for de novo (brand new) national trust bank charters for First National Digital Currency Bank and Ripple National Trust Bank. The agency also granted conditional ...