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The post Circle Accused by New York and Wisconsin Prosecutors of Hindering USDC Recovery for Scam Victims appeared on BitcoinEthereumNews.com. Key Takeaways Wisconsin charged Circle over a warrant to seize 381,000 USDC stolen in a crypto romance scam. Circle holds 119 million frozen tokens, with critics noting it earns interest on backing reserves. Circle reached a federal deal to permanently freeze flagged USDC and issue new tokens to victims. State Prosecutors Clash With Stablecoin Giant The USDC stablecoin issuer, Circle, faces mounting criticism from prosecutors in Wisconsin and New York who say the company has declined or delayed complying with court orders aimed at recovering funds. According to an ICIJ report, Thomas Binger, a prosecutor in Walworth County, Wisconsin, has filed a misdemeanor criminal complaint accusing Circle of refusing to comply with a December warrant. The warrant ordered the company to “facilitate the seizure” of roughly 381,000 USDC stolen from a victim of
Read full articleRobinhood's rapid stablecoin growth signals a shift in DeFi competition, challenging established players and attracting new users to its ecosystem. The post Robinhood’s stablecoin market cap surpasses $270M, up 100% in a week appeared first on Crypto Briefing.
The post Morning Minute: Robinhood Chain Explodes Onto the Crypto Scene appeared on BitcoinEthereumNews.com. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify. GM! Today’s top news: Crypto majors rebound 3% across the board; BTC at $64.3k Circle receives OCC approval for national trust bank charter; CRCL +10% A new draft of the Clarity Act could come next week as clock ticks Polymarket seeks regulatory approval to allow margin trading Robinhood Chain memes explode as Cashcat jumps 80%, several others up 200%+ 📈 Robinhood Chain Explodes Out of the Gate, Flipping Hyperliquid and Lifting Arbitrum One week after launch, Robinhood Chain has already become one of the busiest networks in crypto. The Arbitrum-powered blockchain processed $568 million in trading volum
Plus, Circle wins a national bank charter and pops 10%. And the Clarity Act gets a new draft while the clock is ticking…
The post Circle Secures OCC Approval For National Trust Bank appeared on BitcoinEthereumNews.com. USDC stablecoin issuer Circle on Friday announced it received final approval from the US Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank (FNDCB), a national trust bank that will operate under the name Circle National Trust. “OCC approval to establish Circle National Trust marks a defining step in bringing blockchain technology and digital assets into the core of the US financial system,” Circle CEO Jeremy Allaire said. The approval comes after Circle applied for the charter in June 2025, allowing it to establish a federally regulated trust institution and expand its digital asset custody infrastructure. Circle’s new bank begins with limited custody scope Circle National Trust will initially provide fiduciary digital asset custody services for Circle and its affiliated companies, according to the company’s approved business plan. The bank co
The post USDC Stablecoin Issuer Circle Accused of Refusing to help Scam Victims: Report appeared on BitcoinEthereumNews.com. USDC Stablecoin Issuer Circle Accused of Refusing to help Scam Victims: Report – The Daily Hodl No Result View All Result Source: https://dailyhodl.com/2026/07/10/usdc-stablecoin-issuer-circle-accused-of-refusing-to-help-scam-victims-report/
Crypto giant Circle is rebuffing efforts to help scam victims, law enforcement officials say. According to a report by the International Consortium of Investigative Journalists (ICIJ), the issuer of the USDC stablecoin is allegedly declining to cooperate in assisting scam victims recover their funds. The ICIJ report says some unnamed law enforcement officials are raising […] The post USDC Stablecoin Issuer Circle Accused of Refusing to help Scam Victims: Report appeared first on The Daily Hodl.
Circle announces it received final OCC approval for a national trust bank that will initially serve the company and affiliates, with possible future custody services for institutional clients.
The post Circle Wins U.S. Trust Bank Approval, Shares Rise Over 7% appeared on BitcoinEthereumNews.com. The post Circle Wins U.S. Trust Bank Approval, Shares Rise Over 7% appeared first on Coinpedia Fintech News Circle’s shares climbed more than 7.7% in premarket trading after the company received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank, N.A., which will operate as Circle National Trust. The federally regulated trust bank will initially provide digital asset custody services for Circle … Source: https://coinpedia.org/crypto-live-news/circle-wins-u-s-trust-bank-approval-shares-rise-over-7/
