Circle Gets Federal Banking License | Bitcoin and Crypto News

Circle just snagged final approval from the U.S. Office of the Comptroller of the Currency to launch Circle National Trust — a federally supervised bank designed to hold and manage digital assets, including the reserves backing its $73 billion USDC stablecoin. This milestone marks a major leap for crypto’s integration into traditional finance, opening doors for select institutions and setting a new standard for transparency and security. It’s part of a broader trend, with Kraken and Crypto.com also racing for banking licenses — signaling that crypto’s future is firmly in regulated, trusted territory. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/caee62c17f35d298