Ripple Labs has applied for a U.S. national banking license, according to the Wall Street Journal.
Ripple Labs has applied for a U.S. national banking license, according to the Wall Street Journal. Securing such a charter would enable the blockchain-based payments company to offer banking services directly rather than relying on partner institutions.
The move places Ripple among a growing group of cryptocurrency businesses seeking to bridge the gap with mainstream finance, a trend that has accelerated as digital-asset firms look for greater regulatory certainty and broader customer reach within the U.S. financial system.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
