XRP price doesn’t budge as Ripple, Paxos get approved for national bank charters

Crypto is well and truly becoming a part of the financial system. On Friday, five crypto companies were granted conditional approval to become national banking charters. The Office of the Comptroller of the Currency, which regulates and supervises all national banks, announced it had conditionally approved applications for USDC issuer Circle’s First National Digital Currency Bank and Ripple National Trust Bank. BitGo, Fidelity Digital Assets, and Paxos Trust Company already have state charters and await ...