Circle, a major stablecoin issuer behind USD Coin (USDC), is seeking a banking charter, according to the Wall Street Journal, to comply with proposed US legislation requiring stablecoin providers to hold federal or state licenses

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Several crypto firms — including stablecoin issuer Circle and trust company BitGo — plan to apply for U.S. bank charters and licenses, according to a new report in The Wall Street Journal

Crypto firms Circle and BitGo plan to apply for U.S. banking licenses, according to a report by The Wall Street Journal published on April 21

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