StartCryptoCol

The cryptocurrency company #Ripple is requesting a national bank charter in the United States, according to its CEO, Brad Garlinghouse, in a social media post on Wednesday, following a similar move by the giant #Stablecoins .
The initiative reflects a broader push by crypto companies for regulatory clarity and greater integration with the traditional financial system.
A charter would allow cryptocurrency companies to settle payments more quickly and reduce costs without going through intermediary banks, as well as provide a stamp of legitimacy after years of what they claim has been regulatory marginalization.