Circle, BitGo, Coinbase and Paxos Planning To Apply for Banking Licenses or Similar Authorizations: Report
2025-04-22
Four major crypto companies are seeking various banking licenses in a strategic effort to integrate digital assets with traditional financial systems, according to a new Wall Street Journal report. According to the WSJ report, USDC-issuer Circle and BitGo are pursuing federal bank charters that would allow them to function as conventional lending institutions, offering deposit […]
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