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Circle (CRCL), the stablecoin issuer, has formally applied with the Office of the Comptroller of the Currency (OCC) to get a national trust bank charter, it said in a press announcement late Monday.
Crypto firm Ripple is applying for a national bank charter in the United States, its CEO Brad Garlinghouse wrote in a social media post on Wednesday, following a similar move by stablecoin giant ...
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Stablecoin issuer Circle applies for a national bank charter
Shares rose 1% after hours. If the Office of the Comptroller of the Currency grants the bank charter, Circle will establish the First National Digital Currency Bank, N.A.
Cryptocurrency firm Circle’s boss on Sunday said the firm would no longer be able to process minting and redemption through Signature Bank after it was shut by New York state and would handle ...
Circle's bid for a national bank charter isn't just another regulatory formality—it could mark a historic turning point in crypto's relationship with the U.S. financial system.
Circle (CRCL), the company behind the USDC stablecoin, said Monday it has filed an application with the Office of the Comptroller of the Currency to form a federally regulated national trust bank.
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