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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.
4hon MSN
Bank of Korean Governor Rhee Chang-Yong discusses government plans for Won-denominated stablecoins, monetary policy, the ...
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In a letter sent to Congress Tuesday, the attorney general urged lawmakers to regulate issuers of the cryptocurrency ...
Onchain sleuth ZachXBT flagged millions in Circle’s USDC allegedly tied to North Korean IT infrastructure soon after the FATF ...
Some investors are growing wary over the global stablecoin craze that has driven massive gains in shares of companies linked ...
Hurdles in banking and retail may make brand-name stablecoins an idea better in theory than in practice, the credit rating ...
USDG, the Paxos-issued stablecoin, is now live in the EU with reported MiCA compliance and strategic support from Kraken, ...
The potential for stablecoins to fuel demand for short-term U.S. Treasury securities was a hot topic at a money market fund ...
Proponents of the bill establishing regulations for payments with stablecoins say it is the first step in establishing ...
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