Circle Secures OCC Approval For National Trust Bank

The post Circle secures final OCC approval for national trust bank to strengthen USDC infrastructure appeared on BitcoinEthereumNews.com. Circle has received final approval from the U.S. Office of the Comptroller of the Currency [OCC] to establish a national trust bank. This marks a major regulatory milestone as the stablecoin issuer moves another key part of its USDC infrastructure under direct federal oversight. The approval makes Circle one of the first crypto-native firms from the OCC’s latest wave of digital asset trust bank applicants to reach the operational stage. It also signals a broader shift as U.S. regulators increasingly integrate crypto infrastructure into the existing banking framework rather than creating a separate regime for digital assets. Circle National Trust to provide federally regulated custody The new institution, First National Digital Currency Bank, N.A., will operate as Circle National Trust under OCC supervision. According to Circle, the national trust ban

The post Japan’s finance minister plans to legalize crypto ETFs appeared on BitcoinEthereumNews.com. The Japanese government wants to make crypto ETFs legal and reclassify digital assets as financial products under new finance legislation. Japanese Finance Minister Satsuki Katayama made the announcement on Thursday. The new plan is expected to open regulated crypto exposure to ordinary Japanese brokerage customers. Katayama believes Japan needs a stronger legal framework and a strong trading ecosystem to boost investor confidence. She made these comments at the Open Quick 2026 seminar in Tokyo, an event hosted by financial data provider QUICK. She also said Japan wants to allow crypto ETFs, just as many countries have done. The key behind the policy change is an amendment to the legislation governing stocks and bonds, to the Financial Instruments and Exchange Act (FIEA), the law that governs stocks and bonds. At the moment, Japan treats crypto as a means of payment and is regulated by

The post CRCL Stock Price Gains 7% as Circle Secures OCC Charter for National Trust Bank appeared on BitcoinEthereumNews.com. Key highlights: The OCC has approved Circle’s application to launch a national trust bank The bank can offer crypto custody services under federal oversight Ripple, BitGo, and Paxos are still waiting for final approval Ark Invest buys 217,896  CRCL stocks Circle has reportedly secured approval from the US Office of the Comptroller of the Currency (OCC) to establish the Circle National Trust. The development marks a major milestone in the company’s expansion of its USDC stablecoin business, and has resulted in CRCL stock gaining roughly 7%.   With this approval, Circle has become one of the first crypto companies to get a regulatory nod from the OCC to launch a chartered bank. Other major players, including Ripple, are still waiting for the final approval to become a federally regulated trust bank. Circle gets OCC nod to launch National Trust Bank Circle, the iss

Circle has received approval from the OCC to establish Circle National Trust, a federally regulated national trust bank. The charter strengthens the infrastructure behind USDC and could eventually bring management of the stablecoin’s reserve under direct federal oversight. Jeremy Allaire Hails OCC Charter as Circle Expands USDC Circle Internet Group has received approval from the […]

The post Circle Wins Final OCC Approval for National Trust Bank appeared on BitcoinEthereumNews.com. The stablecoin issuer received a charter for First National Digital Currency Bank, allowing it to custody digital assets and, eventually, hold USDC reserves under direct federal supervision. Shares rose more than 10%. Circle Internet Group (NYSE: CRCL) said on July 10 that it received final approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, a step that brings the infrastructure behind USDC under direct federal banking supervision. The new entity, chartered as First National Digital Currency Bank, N.A. and operating under the name Circle National Trust, will provide custody services for digital assets. According to the business plan approved by the OCC, the bank is also designed to eventually manage the reserves backing USDC, the second-largest stablecoin by market capitalization. “OCC approval to establish Circle National Trust marks a d

Robinhood's DEX success highlights the potential for traditional financial platforms to leverage blockchain technology and retail investor bases. The post Robinhood DEX volume surpasses $690M in 24 hours appeared first on Crypto Briefing.

The post Bitcoin A ‘Screaming Buy,’ Analyst Says, Keeps $100K Target appeared on BitcoinEthereumNews.com. Standard Chartered maintained its end-2026 Bitcoin price forecast of $100,000 in a note to investors on Friday, arguing that the recent weakness reflects a failure by Strategy to explain a strategic shift rather than any deterioration in the company’s balance sheet. Geoffrey Kendrick, the bank’s global head of digital assets research, wrote that Strategy — the largest corporate holder of Bitcoin, with 843,775 coins, more than 4% of the 21 million that will ever exist — “appears to be pivoting from its ‘never sell Bitcoin’ mantra to a more complex approach.”  Clear communication of that pivot, he wrote, will determine how fast the pressure on BTC lifts. Between 2020 and mid-2025, Strategy’s mNAV — enterprise value divided by the value of its Bitcoin — traded above 1.0. That premium lets the company issue shares, buy Bitcoin, and grow its value by more than the value of the new stock

The stablecoin issuer received a charter for First National Digital Currency Bank, allowing it to custody digital assets and, eventually, hold USDC reserves under direct federal supervision. Shares rose more than 10%.