Circle gets approval to launch first national cryptocurrency bank, CRCL stock rises 10%


Circle Internet Group, Inc. announced (NYSE: CRCL), a financial technology company, today announced that it has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Circle National Trust, or First National Digitalcurrency Bank, N.A. (“FNDCB”). The license will be an important regulatory milestone for the stablecoin issuer

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