Stablecoin firm Circle wins final OCC approval to open national trust bank
Circle wins final OCC approval for First National Digital Currency Bank, with USDC reserve management planned for a later phase.
The Block•Naga Avan-Nomayo10 JulCircle — page 19
Platform · 470 articlesCoverage, page 19
page 19 of 24The Block•Naga Avan-Nomayo10 Jul
Circle wins final OCC approval for U.S. national trust bank
Circle secured final OCC approval for a national trust bank offering regulated digital asset custody and future USDC reserve management.
Circle Receives Final Green Light to Establish National Trust Bank
Circle has joined a small but growing list of crypto-native companies that have received OCC approval.
Circle wins final OCC approval for national trust bank charter
Circle's federally chartered bank enhances USDC's credibility, potentially reshaping stablecoin market dynamics and institutional adoption.
CryptoBriefing•Editorial Team10 Jul
Cathie Wood’s Ark Invest buys $14 million worth of Circle, offloads Robinhood shares
Circle Internet Group's stock dropped 1.65% during Thursday's trading session, extending its one-month decline to 20.2%.
The Block•Danny Park10 JulU
MiCA Effect Is Real: EURC Stablecoin Smashes 4-Year Activity Records Days After Hard Deadline
Days after the MiCA deadline, Circle’s EURC hits record on-chain activity, reaching 1,760 daily active addresses.
U.Today•Gamza Khanzadaev10 Jul
Circle Accused by New York and Wisconsin Prosecutors of Hindering USDC Recovery for Scam Victims
Stablecoin issuer Circle is facing scrutiny from prosecutors in Wisconsin and New York for allegedly delaying or refusing to comply with court orders to return stolen digital assets to scam victims. State Prosecutors Clash With Stablecoin Giant The USDC stablecoin issuer, Circle, faces mounting criticism from prosecutors in Wisconsin and New York who say the […]
Bitcoin.com News•Terence Zimwara10 Jul
Ark Invest buys 217,896 Circle shares for $14M, sells Robinhood stake
Ark Invest's strategic shift highlights a focus on potential growth in stablecoins, reflecting broader market confidence in digital finance evolution.
CryptoBriefing•Editorial Team10 JulA
Circle says it cannot reissue frozen USDC as it seeks dismissal of Wisconsin complaint
Circle says it complied with a warrant to freeze stolen USDC but cannot invalidate or reissue tokens held in third-party wallets.
AMBCrypto•Adewale Olarinde9 Jul
Circle CEO Jeremy Allaire says generative AI is creating an ‘explosion in smart contracts’
Generative AI's role in smart contracts could democratize finance, but raises regulatory challenges and shifts stablecoin market dynamics.
CryptoBriefing•Editorial Team9 Jul
Circle’s refusal to ‘burn and reissue’ stolen USDC angers prosecutors, report
Prosecutors in Wisconsin and New York are upset with stablecoin giant Circle after it repeatedly hindered attempts to recover stolen funds.
Protos•Jacob Lyon9 Jul
Circle Brings Native EURC To Base As MiCA Gives Euro Stablecoins A Clearer Lane
Circle’s EURC launch on Base is a small but important stablecoin infrastructure move. It brings a native euro-denominated token to one of the most watched Ethereum layer-2 networks at a time when European regulation is b
NewsBTC•NewsBTC Editorial Team9 Jul
Circle Refused to Recover a Scam Victim’s USDC, Wisconsin’s Criminal Complaint Says
Wisconsin filed a criminal complaint against Circle for refusing to recover a scam victim's USDC while Tether returns billions.
BeInCrypto•Lockridge Okoth9 Jul
Criminal Complaint Against Circle Puts USDC Freeze Policy Under a Microscope
A Wisconsin criminal complaint against Circle reveals how USDC's court-order-only freeze policy leaves scam victims behind — while Tether acts 30x faster.
Circle faces criminal complaint in Wisconsin over USDC recovery refusal
The case could redefine stablecoin issuer responsibilities, impacting regulatory frameworks and court authority over digital asset recovery.
CryptoBriefing•Editorial Team9 Jul
Hyundai Card completes its first real-world stablecoin pilot with Avalanche, Tether
Visa and Circle will participate in Hyundai Card's second stablecoin PoC, which is set to begin later this month.
The Block•Danny Park9 Jul
Circle emphasizes USDC redemption as a fundamental right at BIS AGM
Circle's emphasis on USDC redemption as a right could influence global stablecoin regulations, enhancing user trust and financial stability.
CryptoBriefing•Editorial Team8 Jul
Circle reports USDC surpasses $90T in total transaction volume
USDC's dominance signals a shift in stablecoin market dynamics, raising concerns about centralization and potential systemic risks.
CryptoBriefing•Editorial Team8 JulCircle faces July 18 GENIUS Act test as CRCL stock risks fresh slide
Circle stock has remained under pressure ahead of the July 18 deadline for U.S. regulators to publish implementation rules for the GENIUS Act, while technical indicators continue to point to downside risks for CRCL shares. According to the GENIUS Act…
Circle Gateway hits record weekly volume as USDC cross-chain transfers surge past $4.5B lifetime total
Circle Gateway's surge in USDC transfers highlights the growing reliance on efficient cross-chain solutions, impacting stablecoin market dynamics.
CryptoBriefing•Editorial Team8 Jul