July 3, 2025

Regulating Crypto

Crypto

What Ripple’s bank charter application means for banking

Ripple, the creator of the altcoin XRP and developer of distributed ledger technology, has applied for a national trust bank charter from the Office of the Comptroller of the Currency.  CEO Brad Garlinghouse confirmed the news in an X post. He also said that earlier this week, Ripple applied for a master account from the

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Crypto

Justice Department shuts down its cryptocurrency team

Endeavor Moore Media – stock.ado The U.S. Department of Justice has disbanded its National Cryptocurrency Enforcement Team, retrenching its approach to crypto. The Justice Department will move away from going after crypto cases it believes should be handled by regulatory agencies, Deputy Attorney General Todd Blanche said in a memo released Monday night.  “The Department

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