Major breakthrough in crypto industry regulation as Ripple, BitGo, and Paxos have all secured conditional approval for US banking charters. This marks a substantial milestone in the sector's path toward mainstream financial integration. The conditional approval signals regulatory recognition of these firms' operational standards and compliance frameworks. For the crypto ecosystem, this development opens pathways for deeper banking relationships and broader institutional participation. Each firm now moves closer to establishing formal banking operations within the United States, potentially reshaping how digital asset infrastructure interfaces with traditional finance.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
6
Repost
Share
Comment
0/400
ForkItAllDay
· 12-12 20:53
It's really happening now, the door to traditional finance is truly opening.
View OriginalReply0
FOMOrektGuy
· 12-12 20:53
ngl Ripple really won this time, traditional finance has finally bowed... wait, this is conditional, don't celebrate too early
View OriginalReply0
LoneValidator
· 12-12 20:52
NGL, Ripple is really about to take off now... The approval of the conditions is pretty good, at last the regulators are finally waking up.
View OriginalReply0
UncommonNPC
· 12-12 20:51
ngl, it's really time to get in now, traditional finance will have to make way
View OriginalReply0
SleepyArbCat
· 12-12 20:49
Hmm... it's about the banking license again... If Ripple can really implement this time, gas fees will have to come down...
View OriginalReply0
IntrovertMetaverse
· 12-12 20:44
Wait, did Ripple really get it? Now traditional finance has to take us seriously...
Major breakthrough in crypto industry regulation as Ripple, BitGo, and Paxos have all secured conditional approval for US banking charters. This marks a substantial milestone in the sector's path toward mainstream financial integration. The conditional approval signals regulatory recognition of these firms' operational standards and compliance frameworks. For the crypto ecosystem, this development opens pathways for deeper banking relationships and broader institutional participation. Each firm now moves closer to establishing formal banking operations within the United States, potentially reshaping how digital asset infrastructure interfaces with traditional finance.