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3 results for “trust charter”
Circle Secures Limited Purpose Trust Charter from New York Department of Financial Services (NYDFS)
Circle received a limited purpose trust charter from NYDFS, granting it state banking authority to custody assets and conduct fiduciary activities — a regulatory milestone that enhances its institutional legitimacy and operational scope for USDC.
Aug 3, 2026
Circle granted New York trust charter
Circle has received a limited-purpose trust charter from New York’s financial regulator, enabling it to hold customer assets and custody stablecoin reserves under state banking supervision.
Jul 31, 2026
Sony receives OCC’s conditional approval for trust charter
Sony received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Connectia Trust, a national trust bank focused on stablecoin issuance and management, with launch targeted for 2027.
Jul 9, 2026