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Circle denies plans to become a bank, focuses on aligning with stablecoin regulations

Leave a Comment / Banking, circle, crypto, Featured, Payments, Regulation, Stablecoins, USDC / best time

Circle, the issuer behind the USDC stablecoin, has firmly denied rumors suggesting it plans to apply for a US banking license. The firm’s Chief Strategy Officer, Dante Disparte, clarified on social media that Circle has no plans to become a bank or any other type of insured depository institution. Disparte emphasized that the firm is […]

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Circle Launches ‘Circle Payments Network’

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The new network will use stablecoins such as USDC and EURC to help financial institutions facilitate global money movement and settlement. USDC Issuer Circle Debuts Payments Network Stablecoin firm Circle, issuer of USDC which currently has a market capitalization of roughly $61 billion, has launched “Circle Payments Network (CPN),” a collaborative group of financial institutions

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Crypto Firms Circle And BitGo Set To Pursue US Bank Licenses, WSJ

Leave a Comment / BitGo, circle, Circle news, Coinbase, crypto, Crypto News, crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Paxos / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto is reportedly becoming more integrated into the conventional banking system, according to the Wall Street Journal. This shift occurs after the regulatory crackdown that followed the failure of crypto exchange FTX and its aftermath for many crypto-friendly institutions caused many in

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Banking Giants To Explore Crypto Expansion In The US: Report

Leave a Comment / Bank of America, Bitcoin, Bitcoin Donald Trump News, BitGo, BTC, BTCUSDT, circle, Crypto firms, Crypto Market, Crypto News, Deutsche Bank, Stablecoin regulations, Stablecoins, Standard Chartered, US Banks, US crypto market, US Regulators / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Recent reports claim that crypto firms and financial giants are looking into expanding their operations in the US market following the Trump administration’s efforts to regulate the digital assets industry and incorporate it into mainstream finance. Crypto Firms And Banks To Expand

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WSJ: Circle, BitGo Pursue Elusive U.S. Bank Charters—Only Anchorage Holds One

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Key Takeaways: Proposed laws would require stablecoin issuers to obtain charters, prompting firms to explore trust and industrial bank licensing options. BitGo is reportedly close to filing—Anchorage remains the only crypto firm with an existing federal charter. Regulatory uncertainty continues, but applications for formal charters suggest a growing effort to secure long-term viability within regulated

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Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw

Leave a Comment / Adoption, Banking, BitGo, circle, Culture, Deutsche Bank, Legislation, Payments, Politics / best time

A growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the United States. According to sources cited by The Wall Street Journal, the firms are leveraging a wave of pro-crypto sentiment in Washington to advance their long-term plans. The report noted that each

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US SEC Takes A Stand: ‘Covered’ Stablecoins Are Not Securities

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The United States Securities and Exchange Commission has clarified its stance on dollar-backed stable cryptocurrencies, stating that “covered” stablecoins are not securities. This move represents another step toward a clear crypto regulatory landscape in the US. Covered Stablecoins Not Securities — What

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Circle President: ‘The World Yearns for US Crypto Regulation’

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In a recent interview, former CFTC Chair and Circle President Heath Tarbert ascertained that the world was looking to the U.S. regarding crypto and stablecoin regulation to follow suit. For stablecoins, this is a pretty straightforward matter, he assessed. Circle Believes the World Is Looking Toward the U.S. for Regulation While the regulatory frameworks of

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Stablecoin Issuer Circle Files for IPO After Big Revenue Report

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Circle Internet Group filed for a long-awaited initial public offering with the US Securities and Exchange Commission on April 1. In its S-1 form, the company outlined plans to list its stock on the New York Stock Exchange under the symbol CRCL. The firm, which issues the second-largest stablecoin by market capitalization, USDC, also posted steadily

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Coinbase Receives 50% of Circle’s USDC Reserve Revenue, IPO Filing Reveals

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Coinbase Global is entitled to half of the residual revenue generated from reserves backing Circle’s USDC stablecoin, according to new disclosures in Circle’s S-1 filing with the U.S. Securities and Exchange Commission. The filing, submitted Tuesday, offers a rare glimpse into the financial arrangement between two of the biggest players in the stablecoin market. Circle

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