Ripple wins OCC approval to establish national trust bank

Ripple said it has received final approval from the US Office of the Comptroller of the Currency to establish a national trust bank. The move marks another step in the company's push into traditional finance.

• Ripple secured final OCC approval for a national trust bank
• CEO Brad Garlinghouse said the company is positioned to keep playing offense
• The approval extends Ripple's push into traditional finance