Ripple, Circle, and BitGo Apply for U.S. Trust Bank Status: What Does This Mean?

TL;DR Ripple, Circle, and BitGo are moving to secure national trust bank charters in the U. S. , aiming to integrate crypto deeper into mainstream banking. This could simplify operations by removing the need for state-by-state licensing source: https://crypto-economy.com/ripple-circle-and-bitgo-apply-for-u-s-trust-bank-status-what-does-this-mean/