Ripple Eyes U.S. Banking License Amid Regulatory Push

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Ripple Labs, a blockchain-based cross-border company, has filed for a national banking license with the United States Office of the Comptroller of the Currency (OCC). Ripple’s CEO Brad Garlinghouse confirmed that the company is seeking a national banking charter, to enhance its regulatory compliance. Garlinghouse also noted that Standard Custody, a Ripple subsidiary, applied for …