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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.
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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 ...
Solana price wavered on Wednesday morning as investors reacted to the falling meme coins, US spending and tax bill, ...
Some investors are growing wary over the global stablecoin craze that has driven massive gains in shares of companies linked ...
Onchain sleuth ZachXBT flagged millions in Circle’s USDC allegedly tied to North Korean IT infrastructure soon after the FATF ...
New York AG Letitia James urges Congress to strengthen crypto legislation to safeguard investors and the economy from ...
Cryptocurrency, especially stablecoins like USDC and USDT, solves this by offering near-instant, low-cost, cross-border ...
The potential for stablecoins to fuel demand for short-term U.S. Treasury securities was a hot topic at a money market fund ...
USDG, the Paxos-issued stablecoin, is now live in the EU with reported MiCA compliance and strategic support from Kraken, ...
Proponents of the bill establishing regulations for payments with stablecoins say it is the first step in establishing ...
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