Ramp Applies for OCC Trust Bank Charter to Offer Crypto Custody

TLDR Ramp applied to the OCC on Oct. 16 for a national trust bank charter for a proposed institution called Ramp National Trust Bank. The proposed bank would offer digital asset custody and fiduciary investment management, but it would not take deposits or make loans. Ramp reports more than $5 billion in customer balances, a [...]

The post Ramp Applies for OCC Trust Bank Charter to Offer Crypto Custody appeared first on Blockonomi.