Ramp Asks US Regulator for a Trust Bank Charter to Hold Digital Assets
Writer: Damian Chmiel |
Date: 2026-10-20 07:10:00
This text was initially printed by FinTech – Finance Magnates | Monetary and enterprise information. The title and a short excerpt are offered for informational and reference functions. Readers ought to go to the unique writer for the whole article, supporting context, photos, and any subsequent updates.
Ramp has utilized to the Workplace of the Comptroller of the Forex (OCC) for a nationwide belief financial institution constitution, the corporate stated yesterday (Monday). The $60 billion company card agency needs the financial institution to carry digital belongings and handle investments as a fiduciary.
A constitution would give Ramp a federal license of its personal. Its web site describes Ramp as a monetary expertise firm that isn’t a financial institution, and it depends on…
The unique publication accommodates the whole reporting and needs to be consulted for the complete textual content and any further info.
