Interactive Brokers IBKR, a well-known global online trading platform, is seeking a national trust bank charter from the ...
A federal bank regulator on Friday granted conditional approval for five crypto-related firms — including Circle and Ripple — ...
The OCC granted conditional trust bank approvals to Ripple, BitGo, and others, expanding crypto’s role in the U.S. federal ...
Five firms in all received conditional approval from the regulator, though Coinbase and Stripe’s Bridge were not among them.
National Trust banks are commonly used for custody, settlement, and fiduciary services, making them a natural fit for crypto ...
Interactive Brokers Group Inc., best known for its retail trading platform, has applied to become a bank in the US.
In the event of an insolvency, customers of a national trust bank are not fully guaranteed up to $250,000 by the FDIC and may not receive the full value of their deposits, depending on the OCC’s ...
BitGo secures OCC bank charter, reinforcing its role as a globally regulated provider of institutional digital asset ...
The OCC approved new digital currency bank charters for Circle and Ripple, boosting innovation and oversight in crypto ...
Ripple secures conditional OCC approval, raising questions about banking status, regulatory strategy, and what it means for XRP.
The company also appointed an alum of SoFi, Green Dot and Goldman Sachs to serve as CEO of the proposed bank. The move comes ...