coin-img-ETHETH-6.50%coin-img-BTCBTC-2.98%coin-img-SOLSOL-3.53%coin-img-UCNUCN+0.46%coin-img-XRPXRP-3.53%coin-img-USDCUSDC+0.01%coin-img-ASTERASTER-10.86%coin-img-DOGEDOGE-3.97%coin-img-ETHETH-6.50%coin-img-BTCBTC-2.98%coin-img-SOLSOL-3.53%coin-img-UCNUCN+0.46%coin-img-XRPXRP-3.53%coin-img-USDCUSDC+0.01%coin-img-ASTERASTER-10.86%coin-img-DOGEDOGE-3.97%coin-img-ETHETH-6.50%coin-img-BTCBTC-2.98%coin-img-SOLSOL-3.53%coin-img-UCNUCN+0.46%coin-img-XRPXRP-3.53%coin-img-USDCUSDC+0.01%coin-img-ASTERASTER-10.86%coin-img-DOGEDOGE-3.97%coin-img-ETHETH-6.50%coin-img-BTCBTC-2.98%coin-img-SOLSOL-3.53%coin-img-UCNUCN+0.46%coin-img-XRPXRP-3.53%coin-img-USDCUSDC+0.01%coin-img-ASTERASTER-10.86%coin-img-DOGEDOGE-3.97%

Circle receives conditional OCC approval for national trust bank

Circle (CRCL) announced on Dec. 15 it received conditional approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, aimed at enhancing USDC reserve oversight and institutional custody services, BlockBeats reports. BiyaPay analyst views the development as a long-term compliance positive but notes it may not translate into immediate profits, suggesting the market has priced in the news with a "buy the rumor, sell the news" approach. Circle's share price showed no notable rise following the announcement.
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