A16z-Backed OpenReserve Gets Approval for Full-Service National Bank
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Revolut, OpenReserve get preliminary US bank approval with crypto plans
Revolut and OpenReserve received preliminary OCC approval to form US national banks, with both planning cryptocurrency and stablecoin-related services.
Ripple wins final US approval for national trust bank
The approval clears the way for Ripple to manage reserves backing its RLUSD stablecoin and provide digital asset custody.
Bastion wins conditional OCC approval for national trust bank charter
Bastion Platforms National Trust Company will offer stablecoin custody and wallets, payment infrastructure and white-label issuance from a single federally regulated entity.
South Korean bank launches Bitcoin-backed business loans: Report
Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
Modern Treasury seeks US trust bank charter for digital asset custody
The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank.
Russia's Sberbank Sees $46 Billion in Crypto Trading, Plans Ethereum and USDT-Backed Loans
Deputy Chairman Anatoly Popov told state media that trading could hit 4 trillion rubles in its first year, as the bank prepares to broaden crypto-backed lending once regulators sign off.