Circle Granted Approval to Operate National Trust Bank

Circle Internet Financial (CRCL) has received regulatory approval from the Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank, N.A., which will operate as Circle National Trust. This allows the company to hold and safeguard assets under a single federal regulator rather than multiple state-level authorities.

By Johnny Rice · Motley Fool ·

Circle Granted Approval to Operate National Trust Bank

Tickers: $CRCL

Topics: cryptocurrency federal regulation stablecoin

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