Ripple’s Bank Charter Faces Block from 42 Big Banks, Including Morgan Stanley & Bank of America

Ripple is facing strong resistance in its effort to become a federally licensed bank in the U. S. On July 5th, the company applied to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, a move that could mark a major step in integrating crypto with the traditional financial system. … source: https://coinpedia.org/news/ripples-bank-charter-faces-block-from-42-big-banks-including-morgan-stanley-bank-of-america/