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Circle applies for a US national trust bank license, which would let it act as a custodian for its own reserves and hold crypto for its institutional clients (Hannah Lang/Reuters) from Techmeme RSS feed.
Circle applies for a US national trust bank license, which would let it act as a custodian for its own reserves and hold crypto for its institutional clients (Hannah Lang/Reuters)

Hannah Lang / Reuters:
Circle applies for a US national trust bank license, which would let it act as a custodian for its own reserves and hold crypto for its institutional clients — Stablecoin firm Circle (CRCL.N) is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued …