Circle wins New York trust charter from NYDFS

AI Summary The firm behind the leading USDC stablecoin, Circle (NYSE: CRCL), opened Friday with news that the New York Department of Financial Services (NYDFS) has granted it a limited purpose trust charter for its USDC stablecoin business. On the surface, the approval adds a new notch to the regulatory belt that Circle is stretching across the... fulltext: 338 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/circle-trust-charter-from-nydfs-regime/ Source: CryptoPolitan