Bridge, a stablecoin infrastructure company under Tripe, has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank. This license will enable Bridge to issue and manage stablecoins under a federal regulatory framework, as well as offer digital asset custody and reserve management services. The OCC has not yet announced a timeline for final approval. Previously, companies like Circle, Ripple, and BitGo received similar conditional approvals from the OCC in December.
Bridge Secures Conditional Approval from OCC for National Trust Bank
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