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Barchart
Barchart
Wajeeh Khan

Circle Can Now Operate as a Trust Bank. CRCL Stock Is Soaring.

Circle Internet Group (CRCL) shares are pushing higher on Friday after the company received the final regulatory clearance to establish a national trust bank.

The Office of the Comptroller of the Currency’s (OCC) approval for Circle National Trust brings the company under direct federal oversight within the national banking system.

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