What OCC Rules Allow Ripple (XRP) to Do Without CLARITY Act
Photo: Times Tabloid
Crypto researcher SMQKE (@SMQKEDQG) recently highlighted something the market may be underestimating. While the CLARITY Act’s Senate defeat generated significant headlines, major crypto firms had already begun securing an alternative route to federal legitimacy. The OCC has granted conditional approval to Ripple and a number of firms to operate as national trust banks. SMQKE noted that “receiving approval for an OCC charter would provide Ripple with federal recognition under the banking regulatory system.” He added, “Ripple’s technology would gain an additional path for adoption in the case of stalled legislation.” The CLARITY Act Falls Short in the Senate On September…
Source: Times Tabloid
