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Ripple applies for a US national banking license, which would place Ripple's dollar-backed stablecoin, RLUSD, under the US OCC's regulatory remit (Vicky Ge Huang/Wall Street Journal) from Techmeme RSS feed.
Ripple applies for a US national banking license, which would place Ripple's dollar-backed stablecoin, RLUSD, under the US OCC's regulatory remit (Vicky Ge Huang/Wall Street Journal)

Vicky Ge Huang / Wall Street Journal:
Ripple applies for a US national banking license, which would place Ripple's dollar-backed stablecoin, RLUSD, under the US OCC's regulatory remit — A national banking charter would make the OCC a regulator of Ripple's stablecoin — Ripple has applied for a national banking license …