📌 5 companies operating in the field of cryptocurrency have received preliminary approval allowing them to perform certain banking functions from a U.S. regulatory authority

📌 A press release stated that the Office of the Comptroller of the Currency (OCC) granted conditional approval for national trust bank licenses requested by Circle Internet Group Inc., Ripple, BitGo Inc., and Fidelity's digital assets arm, in addition to Paxos

📌 This step comes as part of the latest manifestations of the White House's adoption of an industry that was previously considered risky and marginal$XRP

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