December 12, 2025
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5:30Now PlayingFive cryptocurrency firms received preliminary approval to perform certain banking functions from a US regulator on Friday, marking the latest step in the White House‘s embrace of what was once viewed as a risky, fringe industry.
The Office of the Comptroller of the Currency offered conditional approval for national trust bank charters that Circle Internet Group Inc., Ripple, BitGo Inc., Fidelity’s digital assets arm and Paxos had requested, according to a press release.
Nathan McCauley, Co-Founder and CEO of Anchorage Digital joins to discuss.
Anchorage Digital Bank was the first crypto company to get a national trust charter back in 2021
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