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Circle built cirBTC as wrapped bitcoin aimed at institutional collateral desks
Circle has launched cirBTC, a wrapped bitcoin token backed 1:1 by native BTC, custodied under its OCC-supervised national trust bank and verified onchain in real time via Chainlink Proof of Reserve.
The OCC will keep pushing new bank charters as crypto firms wait for approvals
OCC Comptroller Jonathan Gould says digital asset firms should have a clear path to national bank charters.
Could Crypto Firms Finally Get a U.S. Banking Path?
OCC Comptroller Jonathan Gould says digital asset firms should have a clear path to national bank charters, as the agency reports 40 de novo applications over the past 18 months.
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