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The US just did something way bigger than approving an ETF.
the US Office of the Comptroller of the Currency (OCC) approved national trust bank charters for major crypto firms including Ripple, Circle, Paxos, BitGo, and Fidelity.
these charters allow them to:
- Custody digital assets directly
- Settle payments without intermediary banks
- Operate under federal banking oversight
this bypasses reliance on traditional correspondent banks
that’s not “crypto-friendly.” that’s crypto inside the banking system.