Coinbase and Paxos are reportedly considering applying for US bank charters, according to the Wall Street Journal, highlighting a broader shift among major crypto firms toward regulatory alignment

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A host of crypto firms including Circle and BitGo plan to apply for bank charters or licenses, according to people familiar with the matter. Crypto exchange Coinbase Global and stablecoin company Paxos are considering similar moves, other people said

A growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the United States.

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