Proposed laws would require stablecoin issuers to obtain charters, prompting firms to explore trust and industrial bank licensing options
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WSJ: Circle, BitGo Pursue Elusive U.S. Bank Charters—Only Anchorage Holds One
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Circle and BitGo, among other stablecoin issuers, may need to obtain federal or state charters under two bills advancing in Congress that aim to create a regulatory framework for stablecoins, prompting firms to explore national trust and industrial bank licenses
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