Circle Secures OCC Approval for National Trust Bank to Custody USDC and Digital Assets
[ad_1] A leading stablecoin issuer has secured federal approval to launch a dedicated trust bank for digital asset custody services. Circle Internet Group says it has received final approval from the U.S. Office of the Comptroller of the Currency to establish First National Digital Currency Bank, N.A., operating as Circle National Trust. The new institution […]
Circle Unfreezes One Blacklisted Crypto Wallet Following Backlash
[ad_1] Circle, the issuer of USD Crypto Coin (USDC), has reversed the blacklisting of one wallet among sixteen addresses it froze late Monday, March 23, following sharp public criticism from on-chain investigators and industry advocacy groups who characterized the original action as overbroad and potentially damaging to unrelated businesses. The reversal came within days of […]
Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%
[ad_1] Ark Make investments purchased $30.5 million price of shares in Circle Web (CRCL) on Wednesday because the issuer of the second-largest stablecoin fell 12%. Cathie Wooden’s funding administration agency added a complete 353,328 CRCL shares throughout three of its exchange-traded funds (ETFs): Innovation (ARKK), Subsequent Technology Web (ARKW) and Fintech Innovation (ARKF). Ark ceaselessly […]