Circle Digital Currency Bank: USDC Trust Applies for OCC Charter

ZachXBT Goes After Circle: What’s Going On? - The Cryptocurrency Post

TL;DR ZachXBT accused Circle of failing to act on hacks tied to North Korea and other exploits, leaving millions in USDC unfrozen. Arthur Hayes revealed that Circle paid $900 million to Coinbase in 2024 for USDC distribution and claimed Jeremy Allaire operates under its influence. Although ZachXBT trusts Circle more than Ripple, he continues to publicly question its transparency and incident management. ZachXBT sharply criticized Jeremy Allaire…

Circle Digital Currency Bank: USDC Trust Applies for OCC Charter

Circle aims to launch the first US digital currency bank, bringing USDC fully under federal regulation with custody and reserve control.

Crypto Banking Breakthrough: Unlocking The Future Of US Finance With Bold Regulatory Shifts

BitcoinWorld Crypto Banking Breakthrough: Unlocking the Future of US Finance with Bold Regulatory Shifts The financial landscape is undergoing a monumental transformation, with cryptocurrency companies no longer content to operate solely on the fringes of traditional finance. A powerful surge is underway as these innovative firms aggressively pursue entry into the core of the U.S. banking sector. This strategic pivot is not merely an ambition; i…

Hector DAO v. Circle Internet Financial LLC: Complaint (‘$3.8M Frozen Crypto Turnover’) - OffshoreAlert

Complaint by James Drury and Paul Pretlove, as the Receivers of Hector DAO, of the British Virgin Islands, which “was a group of crypto asset holders using the Hector Network, a set of smart contracts deployed on the Fantom blockchain that were programmed to facilitate financial transactions with crypto assets” v. Circle Internet Financial LLC at the U.S. Bankruptcy Court for the District of New Jersey.The post Hector DAO v. Circle Internet Fina…

Crypto firms Ripple, Circle, BitGo have banking ambitions

Kraken seeks an imminent launch of debit and credit cards while Ripple, Circle, and BitGo are applying for national trust bank charters.