Why Circle Internet Group stock popped today

The stable coin issuer won approval from the U.S. government to operate as a national trust bank. Here’s what that means.

[Source Images: Circle and Pixabay]

Circle Internet Group (Nasdaq: CRCL), the stablecoin issuer behind USDC, said today that it has received federal approval to operate as a specific type of bank.

The move marks a major milestone in the further legitimization of digital assets like........

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