The U.S. Office of the Comptroller of the Currency (OCC) has finalized a key rule change that expands the services national trust banks can offer, delivering a significant win for Ripple and other crypto companies pursuing national trust charters. The updated regulation clarifies that national trust banks are permitted to conduct non-fiduciary activities alongside traditional fiduciary services, removing lingering uncertainty around their operational scope.
OCC Expands National Trust Bank Powers, Boosting Ripple and Crypto Firms' Access to U.S. Financial System
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