Ripple, Circle Face Resistance From U.S. Banking Associations Over Banking License

Several U.S. banking associations are urging federal regulators to reconsider the idea of granting national banking licenses to crypto-related entities. These associations, representing a wide range of financial institutions, have raised concerns about the risks associated with allowing firms like Ripple and Circle to engage in banking activities under a national trust charter.

Source: coingape.com

Related symbols: XRPUSD

2025-07-18 20:14:02 GMT.