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Ripple May Receive Full National Bank License Within Days
According to reports from CoinPaper, Ripple is close to receiving full approval from the OCC (Office of the Comptroller of the Currency) for a national bank license—it could achieve this as soon as next week. Although this has not yet been officially confirmed, it represents significant positive news for the company in the short term.
The implications are direct: once Ripple receives the full license, it will gain immediate access to Fedwire, the Federal Reserve's payment system. This would represent a major shift in Ripple's ability to serve financial institutions.