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BSCN· 2026-07-31 12:31
Circle Secures New York Trust Charter For USDC Ecosystem@Circle ($CRCL) has received a limited-purpose trust charter from the New York Department of Financial Services (NYDFS) for Circle New York Trust.This transition from a BitLicense to a fiduciary trust framework significantly elevates the regulatory standing of $USDC.This subjects the asset to the same rigorous oversight as traditional New York trust companies.The NYSE-listed firm is leveraging this charter to accelerate the deployment of its "Arc" ente ...