$USDC issuer Circle has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank license, as per a report from Reuters. If approved, Circle will establish a new federally regulated entity called First National Digital Currency Bank. Currently, Anchorage Digital is the only ...
The post Circle Seeks U.S. Banking License to Directly Custody Billions in USDC Reserves appeared first on Unchained.
USDC issuer Circle has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank license, as per a report from Reuters. If approved, Circle will establish a new federally regulated entity called First National Digital Currency Bank. Currently, Anchorage Digital is the only ...
The post Circle Seeks U.S. Banking License to Directly Custody Billions in USDC Reserves appeared first on Unchained.