Circle (CRCL) Wins Final OCC Approval for National Trust Bank
Bitcoin Magazine Circle (CRCL) Wins Final OCC Approval for National Trust Bank Circle won final OCC approval to establish a national trust bank, allowing it to place USDC reserves under federal oversight and expanding its regulated digital asset custody business. This post Circle (CRCL) Wins Final OCC Approval for National Trust Bank first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
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The OCC granted conditional approval in December 2025; the approved business plan also lets the bank eventually offer custody directly to institutions such as banks and regulated derivatives organizations.
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