Update
Ripple Receives Final OCC Approval for National Trust Bank
Ripple received final approval from the OCC (Office of the Comptroller of the Currency) to launch a national trust bank. This approval places RLUSD reserves and custody under federal oversight, while issuance remains with its New York-regulated entity. The national trust bank is set to advance RLUSD reserve management and enterprise crypto custody under U.S. banking supervision ahead of the annual Ripple Swell conference.