Palmer Luckey’s Erebor achieves a $4.35 billion valuation after raising $350 million, backed by OCC and FDIC approvals, signaling momentum for crypto- and AI-focused banking.
US banks are warning that the OCC’s crypto charters could weaken the banking system, citing concerns over regulatory risks and uninsured crypto assets.
The OCC has conditionally approved five crypto firms, including Circle and Ripple, to launch national trust banks, paving the way for mainstream adoption of cryptocurrencies.
The OCC has conditionally approved five digital asset-oriented companies for national trust bank charters, challenging claims that crypto cannot comply with regulatory standards and complicating the crypto sector’s narrative of being debanked.
Despite Ripple’s OCC charter win and positive regulatory developments, XRP price remains stagnant. Learn about the institutional challenges hindering its growth.
Crypto analyst explores the prediction of Bitcoin reaching $150,000 by 2026, examining the factors driving this optimistic forecast.
Ripple’s conditional approval for a federal banking license has sparked debate among crypto enthusiasts and investors, with some wondering whether it’s good or bad for XRP.
The OCC has conditionally approved five crypto firms to operate as national trust banks, marking a significant step towards integrating digital assets into the US federal banking system.
Ripple has secured a major win with a national bank, thanks to a ruling by the U.S. Office of the Comptroller of the Currency (OCC). This decision is expected to have far-reaching implications for the crypto industry.
Ripple has secured a significant win with a national bank, thanks to the U.S. Office of the Comptroller of the Currency (OCC). This partnership is expected to boost the adoption of Ripple’s technology and increase its presence in the banking sector.