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Ripple applies for a national banking license to promote the integration of TradFi.
According to Gate News bot, BWENEWS reports that the blockchain payment company Ripple is applying for a national bank license. This move shows that Ripple has joined other crypto assets companies in the effort to promote the integration of the crypto assets industry with the TradFi system. This application for a bank license is an important strategic layout for the company's financial compliance.