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Circle gains OCC approval for regulated custody of wrapped Bitcoin product cirBTC

Protocol Fundamentals
23 Sep 2026
Tokenpost
View Source
Bullish
Circle gains OCC approval for regulated custody of wrapped Bitcoin product cirBTC

Circle National Trust received final approval from the Office of the Comptroller of the Currency (OCC) to operate as a federally regulated trust bank providing custody services for cirBTC, a wrapped Bitcoin token designed to bring Bitcoin into Ethereum and other blockchain applications. This regulated custody ensures cirBTC maintains a 1:1 backing with native Bitcoin held securely by Circle’s Bermuda affiliate and safeguarded by Circle National Trust. The approval marks a significant step in integrating blockchain assets into the U.S. financial system and could lead to direct custody services for institutional clients if demand grows. cirBTC is live on Ethereum and supports cross-chain transfers, enabling its use in decentralized finance and other blockchain applications.

Circle National Trust's new OCC-regulated custody service for wrapped Bitcoin is the subject. For readers following cryptocurrency markets, here is Pluang's snapshot as of Sep 24, 2026 10:21 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell. Notable moves include BAL up 11.14% at Rp16.297 with a typical hold time of 85 days, SUSHI down 10.19% at Rp4.458 with 53% sell order activity, and CRV down 10.14% at Rp5.912 with 68% sell order activity and a typical hold time of 61 days.

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