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Circle and Ripple are applying for national bank charters to gain Fed access and strengthen their stablecoin models. Kraken ...
Ripple’s $5 billion bid to acquire Circle, the issuer of USDC, was reportedly rejected as the stablecoin market heats up.
11d
CCN on MSNCircle, Ripple and Other Crypto Firms Face Roadblock as ABA Urges Delay on National Bank LicensesThe American Bankers Association (ABA) is urging federal regulators to delay crypto firms’ entry into the banking system.
Ripple's bank license bid faces resistance from the ABA, which argues crypto firms like Ripple shouldn't get federal trust ...
US banking groups urge the OCC to delay or reject Ripple Circle trust banks charters, citing transparency and regulatory ...
The letter specifically urges regulators to hit pause on national trust bank applications from several crypto-focused firms, ...
2d
Cryptopolitan on MSNRipple’s Schwartz defends low XRPL volume, as XRP’s risk below $3 ensuesRipple CTO David Schwartz addresses concerns over declining XRPL activity and institutional use shifting off-chain.
Linqto, which offers shares of private firms like Ripple, filed for bankruptcy. Popular XRP advocate John Deaton has sued the firm's founder in a class suit.
Traditional banks want the US banking regulator to pump the brakes on approving charter applications from digital asset firms ...
11d
Cryptopolitan on MSNAmerica’s most powerful banking associations ask OCC to halt bank licenses for Ripple and CircleFive U.S. banking trade associations are demanding that the OCC freeze all pending trust bank applications from crypto firms ...
Ripple, best known for its XRP token, offered somewhere between $4 billion and $5 billion to take over Circle Internet Group Inc. However, its proposal was rejected by Circle, Bloomberg reports.
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