Ripple, Circle, and Three Other Companies Secure Conditional Approval for US Federal Trust Bank Licenses

2025/12/14 13:06
CoinPost
Written by L.Kikutani
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Ripple, Circle, and Three Other Companies Secure Conditional Approval for US Federal Trust Bank Licenses

Five Cryptocurrency Firms Obtain Conditional Approval for US Federal Trust Bank Licenses

The US Office of the Comptroller of the Currency (OCC) announced on December 12 that it has granted conditional approval for federal trust bank licenses to five companies: Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos.

Ripple applied under the name 'Ripple National Trust Bank', while Circle applied as 'First National Digital Currency Bank'. This development is a crucial step in bringing stablecoin issuers under federal regulatory oversight.

Circle's CEO Jeremy Allaire stated in a release, 'This milestone is significant for the stablecoin and blockchain...

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Iolite Vol.18

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Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30
Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more