Critical Month Approaches for XRP: Two Very Important Events Will Be Concluded – Here Are the Details

Ripple and XRP may come to the fore in October with both legal and regulatory developments.

Attorney Bill Morgan highlighted two critical decisions expected to be announced around the same time: the U.S. Securities and Exchange Commission’s (SEC) final decision on spot XRP ETF applications and the U.S. Office of the Comptroller of the Currency’s (OCC) review of Ripple’s national bank license application. These two developments could be turning points for XRP’s future and Ripple’s role in the global financial sector.

The SEC has postponed its decision on spot XRP ETF applications filed by CoinShares, Grayscale, and 21Shares for the second time, moving the deadline to the end of October 2025. This deadline cannot be extended under US law, so the SEC will have to either approve or reject the applications next October.

A potential approval would allow regulated investment products linked to XRP’s spot market to be listed on US exchanges, significantly expanding access for institutional and individual investors.

Ripple’s application to the OCC for a national bank license in the US could be finalized in October. The OCC is required by law to respond to the application, submitted on July 2nd, within 120 days. If approved, Ripple would join the ranks of nationally recognized US banks and expand beyond payment technologies into banking operations. Furthermore, the company’s extensive XRP holdings on its balance sheet could provide significant leverage in this process.

According to Bill Morgan, October could be a “decisive turning point” for Ripple and XRP, as decisions from both the SEC and OCC will play a critical role in the token’s adoption and Ripple’s long-term strategy.

*This is not investment advice.