United States / Firms / Ripple

Ripple

Ripple: 1 company is on NYDFS's list of regulated virtual-currency entities (Ripple Markets DE LLC (f/k/a XRP II LLC): BitLicense); the OCC preliminarily conditionally approved Ripple National Trust Bank on 12 Dec 2025, which will not issue stablecoins according to the decision. NYDFS list read 21 Oct 2026.

Status

NYDFS licensed + OCC approval · checked 21 Oct 2026
NYDFS and OCC data only. Licences in other US states (money transmitter licences, state trust charters) are not covered.

NYDFS regulated entity

Ripple Markets DE LLC (f/k/a XRP II LLC) · Virtual Currency License · granted Jun 2016 dfs.ny.gov official

OCC Conditional Approval 1359

Ripple National Trust Bank (de novo), applicant Ripple Labs Inc.: conditional approval 12 Dec 2025. Proposed activities: “the Bank does not currently plan to issue stablecoins” occ.gov official

Type

National trust bank (OCC) · major brand (Strongest authorisation on record)

Public statement

Not applicable.

History

• 12 Dec 2025OCC preliminary conditional approval for Ripple National Trust Bank (de novo). — occ.gov official
• Jun 2016NYDFS: Ripple Markets DE LLC (f/k/a XRP II LLC), virtual currency license (month granted as listed by DFS). — dfs.ny.gov official

Read More

• The GENIUS Act Takes Effect on 18 January 2027. 16 of Its Rules Are Still Proposals
• The OCC Has Approved 17 Crypto Bank Charters Since December. 8 Plan Stablecoins

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