Die Bankcharta von Ripple -Bankangestellten von 42 großen Banken, darunter Morgan Stanley & Bank of America
https://cryptorank.io/news/feed/8358e-ripples-bank-charter-faces-block-from-42-big-banks-including-morgan-stanley-bank-of-america#:~:text=The%20Bank%20Policy%20Institute%20(BPI,%2C%20BNY%20Mellon%2C%20and%20others.&text=BPI%20has%20just%20attempted%20to%20block%20%40Ripple’s%20Banking%20license.
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tldr; Ripple’s application to establish a federally licensed national trust bank in the U.S. has faced opposition from the Bank Policy Institute (BPI), representing 42 major banks, including Morgan Stanley and Bank of America. The concerns raised include unclear crypto regulations and insufficient public review time. Ripple aims to integrate crypto with traditional finance by offering services like stablecoin issuance and digital asset custody. Despite resistance, Ripple continues to push for innovation in digital payments and stablecoins amid evolving regulatory clarity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
of course it would. but it’s proof that they’re scared. Just like how drug cartels don’t really want legalized drugs/weed because they will no longer have the monopoly.
they tried to debank everyone who held crypto before.
I guess all those paid partnerships with TradFi banks didn’t count for anything.
Yeah, Ripple just need to pad those brown envelopes out a bit more.
Good. Ripple is garbage and they advocated for CBDC’s. It’s a centralized larpchain and the founders dump on the holders.
>including bank of America
You mean the same Bank of America that the Ripple community claims runs 100% of its internal transactions on? That one?
[https://www.ainvest.com/news/xrp-news-today-bank-america-saves-millions-ripple-xrp-cross-border-payments-2507/](https://www.ainvest.com/news/xrp-news-today-bank-america-saves-millions-ripple-xrp-cross-border-payments-2507/)
Now why would a company like BoA prevent them? Its almost like they dont have any association with each other. LMAO!!!!!!
Good ole XRP hate. Haven’t seen it in a little while.