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

Companies like Circle and BitGo are seeking US banking licenses to integrate cryptocurrencies into the traditional financial system. Read more

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

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...