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occapproval
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🏛️🔥 RIPPLE SECURES FINAL OCC TRUST BANK CHARTER
📰 THE FACT:
Ripple CEO Brad Garlinghouse officially announced that the U.S. OCC has granted FINAL approval for Ripple National Trust Bank (RNTB).
💰 BLOCKCHAIN BANKING:
RNTB is now fully authorized to custody and manage the $2.6B reserves backing Ripple’s stablecoin ($RLUSD) under tight federal oversight.
⚖️ TRADFI LAW WAR:
The Independent Community Bankers of America (ICBA) has already filed a federal lawsuit against the OCC, calling this a "crypto side door into banking." Senator Elizabeth Warren has blasted the approval as "illegal" under the National Bank Act.
📉 PRICE ACTION:
Muted market reaction. $XRP remains flat around $1.30, facing heavy resistance at its 50-day EMA ($1.36) and 200-day EMA ($1.38).
📌 ASSETS IMPACTED:
1️⃣ $XRP
{spot}(XRPUSDT)
(Ecosystem Token)
2️⃣ $RLUSD
{spot}(RLUSDUSDT)
(Federally Backed Stablecoin)
#Ripple #xrp #RLUSD #OCCApproval #CryptoBanking #BinanceSquare
🏛️🔥 RIPPLE SECURES FINAL OCC TRUST BANK CHARTER
📰 THE FACT:
Ripple CEO Brad Garlinghouse officially announced that the U.S. OCC has granted FINAL approval for Ripple National Trust Bank (RNTB).
💰 BLOCKCHAIN BANKING:
RNTB is now fully authorized to custody and manage the $2.6B reserves backing Ripple’s stablecoin ($RLUSD ) under tight federal oversight.
⚖️ TRADFI LAW WAR:
The Independent Community Bankers of America (ICBA) has already filed a federal lawsuit against the OCC, calling this a "crypto side door into banking." Senator Elizabeth Warren has blasted the approval as "illegal" under the National Bank Act.
📉 PRICE ACTION:
Muted market reaction. $XRP remains flat around $1.30, facing heavy resistance at its 50-day EMA ($1.36) and 200-day EMA ($1.38).
📌 ASSETS IMPACTED:
1️⃣ $XRP
(Ecosystem Token)
2️⃣ $RLUSD
(Federally Backed Stablecoin)
#Ripple #xrp #RLUSD #OCCApproval #CryptoBanking #BinanceSquare
📰 THE FACT:
Ripple CEO Brad Garlinghouse officially announced that the U.S. OCC has granted FINAL approval for Ripple National Trust Bank (RNTB).
💰 BLOCKCHAIN BANKING:
RNTB is now fully authorized to custody and manage the $2.6B reserves backing Ripple’s stablecoin ($RLUSD ) under tight federal oversight.
⚖️ TRADFI LAW WAR:
The Independent Community Bankers of America (ICBA) has already filed a federal lawsuit against the OCC, calling this a "crypto side door into banking." Senator Elizabeth Warren has blasted the approval as "illegal" under the National Bank Act.
📉 PRICE ACTION:
Muted market reaction. $XRP remains flat around $1.30, facing heavy resistance at its 50-day EMA ($1.36) and 200-day EMA ($1.38).
📌 ASSETS IMPACTED:
1️⃣ $XRP
(Ecosystem Token)
2️⃣ $RLUSD
(Federally Backed Stablecoin)
#Ripple #xrp #RLUSD #OCCApproval #CryptoBanking #BinanceSquare
Good luck 🍀
From OnionSam
2
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