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Circle (CRCL) Wins Final OCC Approval for National Trust Bank

Bitcoin Magazine Circle (CRCL) Wins Final OCC Approval for National Trust Bank Circle won final OCC approval to establish a national trust bank, allowing it to place USDC reserves under federal oversight and expanding its regulated digital asset custody business. This post Circle (CRCL) Wins Final OCC Approval for National Trust Bank first appeared on Bitcoin Magazine and is written by Micah Zimmerman .

Bitcoin MagazineBitcoin MagazineMicah Zimmerman10 Jul

Circle Wins OCC Approval for National Trust Bank to Strengthen USDC Infrastructure

Circle has received approval from the OCC to establish Circle National Trust, a federally regulated national trust bank. The charter strengthens the infrastructure behind USDC and could eventually bring management of the stablecoin’s reserve under direct federal oversight. Jeremy Allaire Hails OCC Charter as Circle Expands USDC Circle Internet Group has received approval from the […]

Bitcoin.com NewsBitcoin.com NewsEmmanuel Musa10 Jul