Update
Ripple National Trust Bank Receives Final OCC Approval
Ripple National Trust Bank has received final approval from the Office of the Comptroller of the Currency (OCC). This approval grants the bank federal oversight for managing Ripple USD (RLUSD) reserves and providing institutional digital asset custody. The announcement marks a significant step in Ripple’s banking plans, setting out the bank’s approved activities, including managing segregated reserves and acting as a collateral trustee for RLUSD. X Finance Bull welcomed the move, highlighting its importance for Ripple’s financial operations.