ICBA

Ripple's pursuit of a US charter bank license is facing opposition from the Independent Community of Bankers of America (ICBA). The ICBA has filed a letter with the US Office of the Comptroller of the Currency (OCC),


expressing concerns that Ripple's proposed stablecoin operations through Ripple National Trust Bank (RNTB) could bypass traditional banking regulations. This, they argue, could pose risks to compliance and consumer protection.
#Ripple #ICBA #OCC #RNTB #stablecoin #Regulation #CryptoNewss #Finance $XRP