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Anchorage Digital became the first digital-assets firm to receive an Office of the Comptroller of the Currency (OCC) charter in 2021, pioneering the regulatory pathway for crypto companies

Circle would join Anchorage Digital in holding a national trust bank charter that allows nationwide crypto-related banking services if its application to form a national trust bank with the Office of the Comptroller of the Currency (OCC) is approved

Paxos and Protego previously attempted to secure Office of the Comptroller of the Currency (OCC) trust bank charters but failed to convince the crypto-wary regulator before their provisional approvals lapsed

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