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Circle Becomes Regulated Digital Bank | Durham News

The crypto world is undergoing a major transformation as giants like Circle race to become regulated banks, with Circle just landing a national trust bank charter — a landmark move signaling deeper integration into the financial system. This surge in bank license applications, now exceeding totals from the past four years, reflects a strategic push to legitimize digital assets under federal oversight. Unlike traditional banks, these trust banks focus on securing digital assets and facilitating payments, offering institutional investors a trusted, federally supervised way to manage stablecoin…

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