Ripple’s Bold National Crypto Trust Bank Plan Meets Regulatory Resistance—Can XRP Break Through?

Ripple's ambitious play to establish a national crypto trust bank just hit a wall of regulatory skepticism. The fintech giant—known for its battles with the SEC—now faces fresh pushback as lawmakers question the feasibility of its bank-like framework for digital assets.

Why the friction? Critics argue Ripple’s plan blurs the line between traditional finance and crypto’s wild west—while conveniently sidestepping legacy banking hurdles. Meanwhile, XRP holders watch nervously as yet another institutional pivot meets resistance.

One banking exec quipped: 'Nothing unites regulators faster than a crypto firm asking for a seat at the table—especially when it brings its own chairs.' The irony? Ripple’s plan could actually legitimize crypto banking… if Wall Street doesn’t strangle it first.