According to unconfirmed reports, the cryptocurrency firm Paxos is seeking a U.S. trust bank license. This move could significantly broaden its operations and influence in the stablecoin market, though the company has not yet made an official announcement or filing.
Read MoreRipple has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) for a federal charter to establish a limited-purpose national trust bank.
Read MoreA coalition of prominent U.S. banking groups is intensifying pressure on the Office of the Comptroller of the Currency (OCC), urging the federal regulator to delay decisions on granting national banking charters to cryptocurrency firms, specifically naming Ripple and Circle.
Read MoreCircle Internet Group, the issuer behind the prominent dollar-pegged stablecoin USDC, has formally applied to the Office of the Comptroller of the Currency (OCC) to establish a new entity: First National Digital Currency Bank.
Read MoreJonathan Gould, a former blockchain executive with extensive regulatory experience, has been confirmed as the next head of the Office of the Comptroller of the Currency (OCC).
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