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Category: Comptroller of the Currency

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The Deadline For The Ripple Bank Is Almost Here – Important Date draws Close

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Ripple’s bold move into traditional finance is approaching an important milestone. The company’s application with the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter, proposed under the name Ripple National Trust Bank, has entered its final review window.  According to official OCC filings, the standard 120-day review period […]
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Ripple Charter Bank License Receives 7-Page Opposition From Team Of Credit Experts

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Ripple’s pursuit of a US charter bank license has hit a significant hurdle after the Independent Community of Bankers of America (ICBA) filed a detailed opposition with the US Office of the Comptroller of the Currency (OCC). The seven-page letter warns that Ripple’s planned stablecoin operations through Ripple National Trust Bank (RNTB) could sidestep traditional […]