Circle has obtained conditional approval from the OCC to establish a national trust bank!

According to the official announcement released by Circle (CRCL.US) on December 12, 2025, Eastern Time, the Office of the Comptroller of the Currency (OCC) has officially granted conditional approval for Circle to establish the "First National Digital Currency Bank, NA." This is a significant advancement following the application submitted in June 2025, marking a key step for Circle towards becoming a compliant financial infrastructure.