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Stablecoin issuer Circle has received the Office of the Comptroller of the Currency’s unfettered approval for a national trust bank license, the company announced Friday. Circle National Trust, as the banking entity will be called, will offer fiduciary digital asset custody services and plans to provide reserve management later. Circle CEO Jeremy Allaire said Friday’s development “marks a defining...
Circle gets OCC’s full trust bank charter nod | Huntaegis