WSJ reports Circle, BitGo seek bank charters

News story


Description

Circle, BitGo and other crypto firms are preparing to apply for U.S. bank charters amid advancing legislation that would require stablecoin issuers to hold licenses. The move signals a strategic shift toward regulatory integration.

Maintainers

Kaleidoscopia

Publish date

Apr 21, 2025 - 7:00am

Related people

Brian Moynihan

Related projects

Coinbase
The Wall Street Journal
Circle
Paxos
BitGo

Related topics

Team & operations

Sources

Crypto Knocks on the Door of a Banking World That Shut It Out
WSJ: Circle, BitGo Pursue Elusive U.S. Bank Charters—Only Anchorage Holds One
Circle, BitGo to apply for bank charters; Coinbase, Paxos may follow suit: WSJ
Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw

Tags

Week 17 of 2025
04/21/2025