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2 stories on Occ, newest first.

2 min read3 sourcesBullish

Circle Gets US Trust Bank Charter, Crypto Firms Move Into Regulated Banking

Circle, the company behind the USDC stablecoin, has won final approval from U.S. regulators to open a national trust bank. The milestone marks a major step in crypto's integration into the traditional regulated financial system and allows Circle to offer banking-style services to institutions.

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2 min read5 sourcesBullish

Sony Bank clears U.S. regulator hurdle for stablecoin issuance

Japan's Sony Bank received preliminary approval from the U.S. Office of the Comptroller of the Currency to establish a subsidiary that will issue dollar-backed stablecoins. The bank plans to operate as a national trust bank with $40 million in starting capital, subject to final regulatory conditions.

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