<ul data-eligibleForWebStory="false">Ripple has filed for a national bank charter with the OCC, seeking credibility and regulatory oversight.Applying for the bank charter could help Ripple move towards essential plumbing in finance, partnering with the OCC and the Fed.The move by Ripple follows Circle's filing for a national trust bank, as part of an increasing trend to seek regulatory approval.While XRP price has slightly increased, the long-term impact of regulatory approval on the cryptocurrency market remains uncertain.