Regulation

Circle (CRCL) Wins Final OCC Approval for National Trust Bank

Bitcoin Magazine2h agoUpdated 2h ago
Circle (CRCL) Wins Final OCC Approval for National Trust Bank
Smart Read

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 Bitcoi...

Coins in this story

Related stories

Strategy Bitcoin Sales 'Mostly Noise,' Standard Chartered Says, Holding $100K BTC Call
Decrypt5h ago60-word brief

Strategy Bitcoin Sales 'Mostly Noise,' Standard Chartered Says, Holding $100K BTC Call

Standard Chartered dismisses recent Bitcoin sales as "mostly noise," maintaining its $100,000 BTC price target despite market fluctuations. The bank's stance suggests institutional confidence in Bitcoin's longer-term trajectory, even amid short-term volatility. BTC trades at $64,426, up 2.31%. This outlook matters for Indian crypto investors tracking major institutional positions influencing market sentiment and price direction.

Bitcoin is “A Screaming Buy”: Standard Chartered Backs $100,000 Target, Shrugs Off Strategy (MSTR) Sell-Off
Bitcoin Magazine5h ago60-word brief

Bitcoin is “A Screaming Buy”: Standard Chartered Backs $100,000 Target, Shrugs Off Strategy (MSTR) Sell-Off

Standard Chartered maintains its $100,000 Bitcoin end-2026 target, calling BTC "a screaming buy" at $64,000. The bank argues Strategy's recent sell-off stems from poor communication about monetization strategy, not Bitcoin weakness. Strategy, holding 843,775 BTC, is pivoting toward using Bitcoin as backing for preferred stock paying 12% dividends, requiring clearer signaling to restore investor confidence.

Judge lets Terraform use Jump lawsuit evidence while blocking four late creditor claims
CryptoSlate3h ago60-word brief

Judge lets Terraform use Jump lawsuit evidence while blocking four late creditor claims

A Delaware bankruptcy judge cleared Terraform Labs' administrator to use Jump Trading documents in a $4 billion-plus lawsuit while rejecting four late creditor claims. The evidence ruling removes barriers to pursuing Jump but doesn't resolve liability or creditor payouts. Jump allegedly received $1.5 billion in Bitcoin reserves while secretly supporting TerraUSD before the 2022 collapse.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.