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America is creating a new class of crypto banks – but they aren’t really banks

By Andjela Radmilac at 2026-09-27 19:57

Sentiment: Positive

Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages. Circle National Trust is part of a new federal cohort built around custody, fiduciary administration, stablecoin reserves, and settlement. Ripple, BitGo, Fidelity Digital Assets, Paxos, Bridge, Crypto.com, Coinbase, Morgan Stanley and World Liberty Financial have […] The post America is creating a new class of crypto banks – but they aren’t really banks appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #Banking #Featured #Legislation #Regulation #TradFi

Source CryptoSlate