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Why stablecoin issuer Circle wants to be a bank
If the national bank regulator grants Circle approval, it plans to spin up a national trust bank called First National Digital Currency Bank, N.A. Such a charter would allow the crypto firm to custody and manage the reserve assets behind its own stablecoins and offer other fiduciary services.
Circle earlier rejected acquisition bids by two of the leading crypto industry giants, Ripple and Coinbase (Nasdaq: COIN).
Global Finance Magazine Stablecoin issuer Circle Internet Group's IPO shows investors are increasingly attracted to ...
Stablecoin firm Circle’s (CRCL) meteoric stock frenzy is showing some signs of cooling.
Circle Internet Group shares were losing more steam on Wednesday, three weeks after the company’s splashy initial public ...
Coinbase gained 5% to notch its first all-time high since November 2021. The stock has surged more than 40% since the Senate ...
South Korea’s retail traders just made Circle their top foreign stock as a new president ramps up stablecoin regulations.
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In a letter sent to Congress Tuesday, the attorney general urged lawmakers to regulate issuers of the cryptocurrency ...
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Gautam Chhugani, Bernstein senior analyst, joins 'The Exchange' to discuss Circle's massive post-IPO surge and gives his ...
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