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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 bank license bid faces resistance from the ABA, which argues crypto firms like Ripple shouldn't get federal trust ...
Linqto, which offers shares of private firms like Ripple, filed for bankruptcy. Popular XRP advocate John Deaton has sued the ...
Traditional banks want the US banking regulator to pump the brakes on approving charter applications from digital asset firms ...
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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 $5 billion bid to acquire Circle, the issuer of USDC, was reportedly rejected as the stablecoin market heats up.
The letter specifically urges regulators to hit pause on national trust bank applications from several crypto-focused firms, ...
Bank lobbying groups have formally objected to the recent wave of applications by crypto companies for national trust bank ...
John Deaton has called out the American Bankers Association for urging regulators to block Ripple and Circle from securing ...
Circle earlier rejected acquisition bids by two of the leading crypto industry giants, Ripple and Coinbase (Nasdaq: COIN).
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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 ...
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