Many cryptocurrency companies such as Circle (USDC) and Fidelity Digital Assets have applied for national bank charters from OCC.
Circle is proposing the establishment of the First National Digital Currency Bank, the first national digital currency bank.
This license allows for interstate operation without the need to apply for a separate money transfer license in each state.
Anchorage Digital is currently the only crypto company that has been granted this type of license.
Jonathan Gould, the person nominated by President Trump as Chairman of the OCC, is considered crypto-friendly but has not yet been confirmed by the Senate.
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Crypto companies apply for national banking licenses in America.