Circle adds NYDFS trust charter after OCC bank approval

cryptonews07-31 22:16

Circle has secured a New York trust charter to expand its state regulatory footprint. Summary Circle has received a New York trust charter from the NYDFS for Circle New York Trust. The approval ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCircle adds NYDFS trust charter after OCC bank approval\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-31 22:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/circle-adds-nydfs-trust-charter-after-occ-bank-approval/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Circle has secured a New York trust charter to expand its state regulatory footprint.\n\n\nSummary\n\n\n\nCircle has received a New York trust charter from the NYDFS for Circle New York Trust.\nThe approval ...</p>\n\n<a href=\"https://crypto.news/circle-adds-nydfs-trust-charter-after-occ-bank-approval/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRCG","symbol_name":"2倍做多CRCL ETF-Leverage Shares","start_time":0,"source_url":"https://crypto.news/circle-adds-nydfs-trust-charter-after-occ-bank-approval/","article_id":"2655936205","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/circle-adds-nydfs-trust-charter-after-occ-bank-approval/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2655936205","pubTimestamp":1785507361,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Circle has secured a New York trust charter to expand its state regulatory footprint.Circle has received a New York trust charter from the NYDFS for Circle New York Trust.The approval follows Circle’s recent federal trust bank authorization from the U.S. OCC under a separate regulatory framework.Circle said the charter strengthens oversight for its USDC business and extends its decade long relationship with the NYDFS.The approval gives Circle another regulatory authorization in New York, where the company says its global headquarters is located. Circle said the charter reinforces its compliance framework and builds on a relationship with the state regulator that began in 2015, when it became the first company to receive a BitLicense from the NYDFS.The company noted that it became the first recipient of a BitLicense in 2015, making New York one of the earliest jurisdictions to supervise its digital asset business. The newly granted trust charter adds another license under the same regul","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRCG":"2倍做多CRCL ETF-Leverage Shares","IBLC":"iShares Blockchain and Tech ETF","ICRC":"Bitwise CRCL Option Income Strategy ETF","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","BK4023":"应用软件","LU0106831901.USD":"贝莱德世界金融基金A2","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","CCUP":"T-REX 2x Long CRCL Daily Target ETF","CRCA":"Proshares Ultra CRCL","LU1861217088.USD":"贝莱德金融科技A2","CRCL":"Circle Internet Corp.","LU1861558580.USD":"日兴方舟颠覆性创新基金B","CRCO":"YIELDMAX CRCL OPTION INCOME STRATEGY ETF","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","CRCD":"T-REX 2X Inverse CRCLDaily Target ETF","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC"},"translate_title":"OCC 银行批准后 Circle 添加 NYDFS 信托章程","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/b762de91c8526618ae055a443f262bcc","symbols_score_info":{"CRCG":0.6,"CRCL":1.98,"IBLC":0.6,"CCUP":0.6,"CRCA":0.6,"CRCD":0.6,"ICRC":0.6,"CRCO":0.6},"content_text":"Circle has secured a New York trust charter to expand its state regulatory footprint.\n\n\nSummary\n\n\n\nCircle has received a New York trust charter from the NYDFS for Circle New York Trust.\nThe approval follows Circle’s recent federal trust bank authorization from the U.S. OCC under a separate regulatory framework.\nCircle said the charter strengthens oversight for its USDC business and extends its decade long relationship with the NYDFS.\n\n\n\nAccording to an announcement from Circle on Friday, the stablecoin issuer has received a limited-purpose trust charter from the New York Department of Financial Services for Circle Internet Trust Company LLC, doing business as Circle New York Trust.\nThe approval gives Circle another regulatory authorization in New York, where the company says its global headquarters is located. Circle said the charter reinforces its compliance framework and builds on a relationship with the state regulator that began in 2015, when it became the first company to receive a BitLicense from the NYDFS.\nThe new authorization comes less than a month after Circle secured final approval from the U.S. Office of the Comptroller of the Currency to establish a federally supervised trust bank. While both approvals involve trust entities, they serve different regulatory roles within the U.S. financial system.\nNew York approval complements Circle’s federal trust bank\nEarlier this month, the OCC approved the formation of First National Digital Currency Bank, N.A., which will operate as Circle National Trust under federal supervision for fiduciary digital asset custody. At the time, Circle said management of USDC reserves would remain outside the bank during its initial phase, with reserve activities expected to move later as the institution develops.\nThe New York charter follows a separate path. Circle had previously indicated that issuance of USDC would continue through a New York limited-purpose trust company rather than its federally chartered bank, making the latest approval an important part of its existing stablecoin structure.\nIn the official announcement, Circle co-founder, chairman and chief executive Jeremy Allaire said obtaining a New York trust charter had been a long-term objective because of the regulatory clarity associated with the state’s framework.\nAllaire also described the NYDFS as an international standard setter for digital asset regulation and said the approval places USDC within what he called a strong and respected regulatory framework as digital dollars become more important in global finance.\nCircle deepens decade-long relationship with NYDFS\nCircle’s latest approval extends a regulatory relationship with the NYDFS that spans more than a decade.\nThe company noted that it became the first recipient of a BitLicense in 2015, making New York one of the earliest jurisdictions to supervise its digital asset business. The newly granted trust charter adds another license under the same regulator as Circle continues operating regulated stablecoin services.\nUnlike the federal OCC approval, which established a national trust bank, the New York authorization is issued at the state level and governs Circle New York Trust under NYDFS oversight.\nThe two approvals together expand Circle’s regulatory footprint without replacing one another, as each operates under a different legal framework.\nCircle continues expanding infrastructure around USDC\nThe trust charter arrives during a period of continued expansion across Circle’s payments and blockchain infrastructure.\nAs crypto.news previously reported, Circle announced on July 27 that it had acquired more than 680 IBM patent families covering nearly 1,000 issued patents worldwide. According to the company, the portfolio spans blockchain infrastructure, banking, payments, enterprise systems, insurance, supply-chain verification and secure cloud operations, with intended support for products including USDC, Circle Payments Network and Arc.\nCircle did not disclose financial terms for the patent acquisition or identify which patents directly relate to stablecoin issuance or payment infrastructure.\nEarlier in July, Circle also signed separate memorandums of understanding with South Korea’s Kakao Group and fintech operator Toss to explore blockchain payments, cross-border settlement and stablecoin infrastructure. According to the companies, the discussions include possible connections between future KRW-denominated digital assets, USDC and existing financial networks, although no commercial launch has been announced.\nCircle has also said it does not plan to issue its own won-denominated stablecoin, instead positioning USDC as infrastructure that could connect local digital currencies with international payment networks.\nThe latest New York approval adds another regulatory milestone as Circle continues building its stablecoin and payments business across both U.S. regulatory frameworks and overseas partnerships.\n\n\n\n\n\n                Read more:\n            \n\n                SHIB price rally fades after 40% breakout, can bulls recover?","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2655936205","isCrawlerRequest":true}