Ripple Receives Final OCC Approval for Trust Bank Charter
Ripple said the OCC granted final approval to charter Ripple National Trust Bank. The bank’s commencement has not been confirmed.
TL;DR: Ripple said on October 26 that the Office of the Comptroller of the Currency had granted final approval to charter Ripple National Trust Bank. The next useful evidence will be operational rather than ceremonial: confirmation of the trust bank’s commencement, the reporting and controls associ…