The crypto market structure bill has PASSED the Senate Banking Committee with a bi-partisan vote!
Historic day for crypto and for the future of digital assets in America. Grateful for the countless hours from lawmakers and staff to strengthen this legislation. Big improvement from where we were in January on rewards, tokenization, DeFi, and CFTC authority. I'm proud we stood up for our customers in that moment, and the bill is better because of it.
Looking forward to a bipartisan law that cements the US as the world's crypto capital. Let's get CLARITY done.
The Senate Banking Committee is putting in the work as it moves the Clarity Act forward… incredible leadership!
Millions of Americans are already in this market. Ripple stands behind this bill because they deserve the same rules and protections as every other asset class. If the largest economy in the world is going to lead on crypto - and it must - this is the moment. Let's get it done!
We’ve secured our preliminary Electronic Money Institution license approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). 🇪🇺
This is a pivotal step toward scaling Ripple Payments across the EU, bringing institutional-grade digital asset infrastructure to the region. https://t.co/Q72ntwwjFB
The momentum is global:
→ 75+ licenses & registrations worldwide
→ $95B+ in volume processed to date
→ Reaching 90% of daily FX markets
With the EU taking the lead in building a regulatory framework for digital assets, we're helping institutions transition from pilots to commercial scale, and we’re bridging the gap between legacy finance and the digital future to unlock trillions in dormant capital.
🚨Adding more context here: The @USOCC's conditional approvals span both newly created (de novo) national trust banks and state-chartered trust companies converting into the federal system.
De novo approvals are @Ripple National Trust Bank and First National Digital Currency Bank (aka @circle). The other three are state-to-national conversions: @BitGo Bank & Trust, Fidelity @DigitalAssets and @Paxos Trust Company.
Comptroller Jonathan Gould said each application received a standard “rigorous” review and that each company must meet additional conditions before becoming fully operational. He added that new entrants help modernize and diversify the banking system and broaden access to innovative financial products.
🚨 HUGE NEWS 🚨
RIPPLE JUST ENTERED THE U.S. BANKING SYSTEM
Conditional approval from the OCC to launch Ripple National Trust Bank.
Federal + state oversight.
Highest standard for stablecoins.
Real compliance. Real utility.
This is how crypto wins. XRP was BUILT for this.
HUGE news! @Ripple just received conditional approval from the @USOCC to charter Ripple National Trust Bank. This is a massive step forward - first for $RLUSD, setting the highest standard for stablecoin compliance with both federal (OCC) & state (NYDFS) oversight.
To the banking lobbyists – your anti-competitive tactics are transparent. You’ve complained that crypto isn’t playing by the same rules, but here’s the crypto industry – directly under the OCC's supervision and standards – prioritizing compliance, trust and innovation to the benefit of consumers. What are you so afraid of?