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Ripple News

American banks may manage customers' crypto holdings

American banks may manage customers' crypto holdings

The U.S. Office of the Comptroller of the Currency (OCC) has confirmed that banks may trade cryptocurrencies on behalf of customers and outsource specific crypto activities to third parties.

Ripple focuses on fast and efficient international payments using blockchain technology.

Ripple is best known for XRP and solutions for cross-border payments. The project is often discussed in connection with banks, regulation, and financial infrastructure.