Five Crypto Firms Win Trust Bank Approvals, Including Ripple, Circle, and BitGo
Hey FinTech Fanatics!
Ripple, along with Circle and BitGo, just received conditional approval from the OCC to become federally chartered trust banks in the US.
Fidelity Digital Assets and Paxos were also included in the approvals. If finalized, the firms would join roughly 60 institutions with national trust charters, bringing