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https://www.bankingdive.com/news/fdic-conditionally-approves-ford-gm-ilc-charters/810377/
FDIC conditionally approves Ford, GM ILC charters | Banking Dive
Both automakers must stand up their respective banks within 12 months. After that, they must maintain a minimum 15% tier 1 leverage ratio.
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https://www.bankingdive.com/news/occ-national-trust-bank-charter-approve-circle-paxos-ripple-bitgo-gould-crypto/807799/
OCC green-lights Circle, Ripple, Paxos for national trust bank charters | Banking Dive
Five firms in all received conditional approval from the regulator, though Coinbase and Stripe’s Bridge were not among them.
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