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

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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. The debate

The post Ripple, Circle Face Resistance From U.S. Banking Associations Over Banking License appeared first on CoinGape.

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Business

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

Published

on

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. The debate

The post Ripple, Circle Face Resistance From U.S. Banking Associations Over Banking License appeared first on CoinGape.

Trending