Circle: OCC Approves National Trust Bank
Circle stock rallies 13% pre-market after OCC approves First National Digital Currency Bank as national trust bank for USDC custody.
SourceAnalysis
Circle stock rallies 13% pre-market after the OCC granted final approval for the firm to launch First National Digital Currency Bank, N.A. as a national trust bank. The move places USDC reserves under direct federal oversight and sets the stage for expanded institutional custody on public blockchains.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.
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