Major players in the cryptocurrency space are taking significant steps towards institutionalization by applying for national banking licenses in the U.S. Ripple, Circle, and Coinbase have reportedly submitted […]
Paxos Aims to Become US National Trust Bank
Paxos, a major player in the stablecoin and tokenization space, has officially submitted an application to become a national trust bank under the Office of the Comptroller of […]
Coinbase Considers U.S. Banking License to Expand Services
The landscape of cryptocurrency regulation in the United States is evolving rapidly, prompting industry leaders like Coinbase to explore traditional banking licenses. This shift towards a more integrated […]
Circle and BitGo Apply for U.S. Banking Licenses
Cryptocurrency firms Circle and BitGo are among those planning to apply for U.S. banking charters, signifying a trend of increased integration with traditional financial systems. This move is […]