Ripple CEO Announces Approval for U.S. National Trust Bank
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Ripple CEO Brad Garlinghouse says the company has secured regulatory approval to launch Ripple National Trust Bank in the United States.
Ripple has received approval to launch a U.S. national trust bank, according to an announcement by CEO Brad Garlinghouse.
Garlinghouse shared the news on X, saying the Office of the Comptroller of the Currency had granted the approval.
The institution will be called Ripple National Trust Bank, or RNTB. CoinDesk reported the approval, citing Garlinghouse’s announcement.
Source: CoinDesk
