Browsing: National

Regulations

Circle National Trust Bank: What the OCC Approval Means for USDC

By

Circle has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, marking one of the biggest regulatory milestones a stablecoin issuer has ever reached in the United States. The new entity — formally First National Digital Currency Bank, N.A. — will operate as Circle…