🇺🇸 CRYPTO COMPANIES APPLYING FOR NATIONAL BANK CHARTER IN THE U.S.
- Many crypto companies such as Circle (USDC) and Fidelity Digital Assets have applied for a national bank charter from the OCC.
- Circle has filed to establish the First National Digital Currency Bank.
- These licenses will allow them to operate across state lines without the need for separate money transmission licenses.
- Anchorage Digital is currently the only crypto company that has been granted this type of license.
- Jonathan Gould is the nominee by President Trump for the new Chairman of the OCC, he is regarded as crypto-friendly but has not yet been confirmed by the Senate.