The US Office of the Comptroller of the Currency (OCC) has approved Bitcoin and cryptocurrency companies to operate as national trust banks. This allows these firms to provide custody, settlement, and fiduciary services but not retail banking or lending. The move marks a significant regulatory step toward integrating crypto firms into the federal banking system, with companies like Circle and Ripple involved. This development could encourage greater institutional adoption of cryptocurrencies and influence future regulatory policies by the Federal Reserve and Congress.
Bitcoin fell to an October low near $80,420 before recovering to about $83,000 amid heavy selling and large liquidations. Ripple-backed Evernorth, a company focused on XRP digital asset treasury, is set to list on Nasdaq under ticker XRPN on October ...
Agentic payments on the XRP Ledger have surged from about 1 million in July to over 13 million transactions, driven by AI-related demand. This rapid growth, highlighted by former Ripple exec Chandler Fang and RippleX's J.A. Akinyele, reflects increas...
Ripple's escrow system is set to release up to 1 billion XRP on November 1, 2026, as part of its monthly schedule designed to manage XRP supply predictably. Although the release amount is known, it is unclear how much XRP will enter circulation or be...
Ripple will unlock 1 billion XRP from escrow on November 1, continuing its monthly release schedule that began in 2018. Although up to 1 billion XRP is unlocked each month, Ripple typically returns a large portion to escrow, reducing the amount enter...
The XRP Ledger released an emergency update, version 3.4.1, on Sept. 25 to fix two critical security vulnerabilities related to transaction validation and integer overflow in its payment engine. Validators were required to upgrade before Oct. 9 when ...
