Circle Receives New Regulatory Approval for National Trust Bank. Here's What It Could Mean For CRCL Stock
Yahoo Finance ·
Circle Internet Group ( CRCL +5.30% ) , the company behind the stablecoin, USDC , has been granted permission to operate its own national trust bank. On July 10, the Office of the Comptroller of the Currency (OCC) -- the federal agency that charters and supervises national banks -- gave Circle the go-ahead to establish one.
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