‏🇺🇸 Major Crypto Companies Considering Applying for Banking Licenses Amid Evolving Stablecoin Regulations 🏦💵

‏According to WSJ, companies such as:

‏🔹 Circle

‏🔹 BitGo

‏🔹 Coinbase

‏🔹 Paxos

‏are considering applying for official banking licenses, in light of anticipated changes in stablecoin regulation within the United States.

‏📌 A step that could pave the way for a radical transformation in the relationship between crypto and the traditional financial system.