Some crypto firms are interested in national trust or industrial bank charters that would enable them to operate more like traditional lenders, such as by taking deposits and making loans
Quote
Sources
Crypto Knocks on the Door of a Banking World That Shut It Out
Referenced by
Crypto firms, including Circle and BitGo, are reportedly targeting specific banking charters, such as national trust or industrial bank licenses, to enable activities like stablecoin issuance and crypto custody under clearer regulatory oversight
Crypto news
Claim