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Circle gets final OCC approval to launch national trust bank for USDC custody

Market News
10 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Circle has secured final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, marking a key regulatory milestone for its USDC stablecoin infrastructure. The new bank, Circle National Trust, will provide federally regulated custody services initially for Circle and its affiliates, with plans to extend services to institutional clients like banks. This approval integrates Circle's crypto infrastructure into the federal banking system, enhancing transparency and governance. It also positions Circle at the forefront of the OCC's initiative to bring crypto firms under federal oversight, supporting future expansion of regulated digital asset services.

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Defiance launches Europe's first Photonics UCITS ETF, targeting photonics tech firms amid AI-driven data demand.

Defiance launches Europe's first Photonics UCITS ETF, targeting photonics tech firms amid AI-driven data demand.

Defiance ETFs has introduced the Defiance Photonics UCITS ETF (PHOT), the first European ETF focused on photonics technology companies involved in developing, manufacturing, and commercializing optical hardware that uses light for data processing. Th...

Others
Bullish
1 hour ago
Defiance launches Europe's first Photonics UCITS ETF to invest in light-based tech firms.

Defiance launches Europe's first Photonics UCITS ETF to invest in light-based tech firms.

Defiance ETFs has introduced the Defiance Photonics UCITS ETF (PHOT), the first European ETF focused on photonics technology, which uses light to generate, transmit, and process data. This ETF allows investors to target companies involved in photonic...

Others
Bullish
1 hour ago
USDT supply on TRON tops $90B, with $4.2T transfer volume YTD, leading stablecoin network globally.

USDT supply on TRON tops $90B, with $4.2T transfer volume YTD, leading stablecoin network globally.

The circulating supply of USDT on the TRON blockchain has surpassed $90 billion, solidifying TRON's position as a top network for stablecoin activity. TRON leads all networks with $4.2 trillion in USDT transfer volume year-to-date and processes over ...

Market News
Bullish
1 hour ago
Sky Quarry names refinery veteran Ray Hansen president as Nevada's Eagle Springs refinery starts production.

Sky Quarry names refinery veteran Ray Hansen president as Nevada's Eagle Springs refinery starts production.

Sky Quarry Inc. appointed Ray Hansen, a 35-year refining industry veteran, as President of Foreland Refining just as its Eagle Springs refinery in Nevada begins production. Hansen's extensive experience at major refiners like HF Sinclair and Chevron ...

Market News
Bullish
1 hour ago
Western Star's soil survey at Nevada tungsten mine hits 1,425 ppm WO₃, prompting expanded exploration.

Western Star's soil survey at Nevada tungsten mine hits 1,425 ppm WO₃, prompting expanded exploration.

Western Star Resources conducted the first public soil survey at its past-producing Rowland Tungsten Property in Nevada, revealing a peak tungsten trioxide (WO₃) concentration of 1,425 ppm. This high anomaly aligns with geological and magnetic data, ...

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Bullish
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