OCC conditionally approves Stripe subsidiary Bridge for trust charter
By Dan Ennis
AI Summary
The Office of the Comptroller of the Currency (OCC) has conditionally approved Stripe subsidiary Bridge for a trust charter. This approval follows similar approvals given to digital-asset firms Circle, Ripple, and Paxos.
Texas Relevance
The article does not mention Texas, TCUD, or any Texas-specific entities. The approval is for a national regulatory body (OCC) and applies to the financial services industry broadly.
Original Content
The nod comes roughly two months after digital-asset firms Circle, Ripple and Paxos received a similar green light.