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Circle Intends to Become a Full-Reserve National Commercial Bank – DIGIT INFO

Circle Intends to Become a Full-Reserve National Commercial Bank

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circleCircle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC, and the FDIC. However, it would also put the company […]

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