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Circle Gets Federal Bank Charter | Bitcoin and Crypto News
Description
Circle just got federal approval to launch Circle National Trust, a new regulated bank designed to bring digital assets into the mainstream financial system. Initially serving Circle’s own needs, it could soon offer custody services to major institutions. This milestone, a year in the making, underscores Circle’s push to build a robust, compliant digital asset infrastructure — already expanding across Europe, the UK, and Canada. With USDC now worth over $73 billion and Circle’s stock surging in pre-market trading, the move signals a major step toward blending crypto and traditional finance.
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