Short News View Non-AMP

Crypto Companies Eye U.S. Bank Licenses for Growth

Published by
Elena R

Several major cryptocurrency companies, including Coinbase, Circle, Paxos, and BitGo, are planning to apply for banking or financial licenses to enhance their integration with the U.S. banking system. This move comes after the 2022 collapse of FTX and the closure of two crypto-friendly banks, which left the industry disconnected from traditional finance. With regulatory pressure on the rise, these companies are looking to secure more formal ties to the established financial sector.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Recent Posts

XRP Supporters Call for $1000 Price Target, But Is It Just Empty Hype?

As the crypto market moves higher, XRP is gaining fresh attention — and its loyal…

May 14, 2025

XRP Price Prediction: Bearish Phase is Over, Next Target $3

XRP price has increased by more than 3% in tha last 24 hours and is…

May 14, 2025

Bitcoin vs Altcoins 2025: BTC Dominance Shift Sparks Altseason Hype

Crypto cash rotation from Bitcoin to the altcoin market by institutional investors has triggered bullish…

May 14, 2025

Semler Scientific Reports 21.9% BTC Yield in Q1: Company Now Holds 3,808 Bitcoin

Semler Scientific stock gained over 5% on Tuesday following the first quarter 2025 financial results…

May 14, 2025

Top Reasons Ethereum (ETH) Price Gained Today

The Ethereum ecosystem has been buzzing with remarkable developments in the recent past amid rising…

May 14, 2025

U.S. SEC Delays Decision-Making on Grayscale Solana Trust: SOL Price Brushes Off Bearish Sentiment

The U.S. SEC requested interested persons to provide legal views on the matter in the…

May 14, 2025