Circle and BitGo’s charter pursuits come as Deutsche Bank and Standard Chartered, along with other global banks, are also exploring US crypto expansion. WSJ noted that both institutions are assessing how to enter the American landscape amid improving regulatory clarity and institutional momentum.

Quotes that support claims

WSJ noted that Deutsche Bank and Standard Chartered, both of which have built out crypto-related operations overseas, are now exploring opportunities to enter the American landscape

A consortium of banks, which includes Deutsche Bank and Standard Chartered, has started to examine how to expand crypto operations to the U.S.

major global banks are also preparing to expand their crypto services into the US market

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