Five Crypto Firms Win Initial Approvals as Banks, Including Ripple, Circle, Fidelity

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The firms person obtained conditional support from the Office of the Comptroller of the Currency to person into nationalist spot banks.

Dec 12, 2025, 4:39 p.m.

Five integer plus firms person received conditional approvals Friday to go federally chartered banks by the Office of the Comptroller of Currency (OCC) successful a large measurement to bring U.S. dollar stablecoin issuers nether national regulatory oversight.

Blockchain steadfast Ripple and Circle's (CRCL) First National Digital Currency Bank are connected the list, which besides includes BitGo, Fidelity Digital Assets and Paxos, each having antecedently operated nether authorities charters.

The OCC is the lone national bureau that charters banks and trusts, and this surge successful approvals perchance marks a large turning constituent successful crypto banking. Since the accomplishment of President Donald Trump's administration, the regulator — tally by his appointee, Jonathan Gould — has shifted from a crypto-resistant stance to a affable approach.

"The OCC volition proceed to supply a way for some accepted and innovative approaches to fiscal services to guarantee the national banking strategy keeps gait with the improvement of concern and supports a modern economy," Gould said successful a statement.

If the recently approved spot banks tin conscionable bureau expectations, they'll permanently articulation astir 60 regulated institutions with specified charters, which let for fiduciary activities including custody.

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Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M successful full gross crossed its merchandise lines. The GoPlus App is the superior gross driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol astatine $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 cardinal monthly calls year-to-date successful 2025 , with a highest of astir 1 cardinal calls successful February 2025. Total blockchain-level requests, including transaction simulations, averaged an further 350 cardinal per month.
  • Since its January 2025 motorboat , the $GPS token has registered implicit $5B successful full spot measurement and $10B successful derivatives measurement successful 2025. Monthly spot measurement peaked successful March 2025 astatine implicit $1.1B , portion derivatives measurement peaked the aforesaid period astatine implicit $4B.

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Polish Government Urges President to Sign Crypto Bill He Already Rejected: Report

Warsaw, Poland (Przemysław Włodkowski/Pixabay, modified by CoinDesk)

The Polish authorities reintroduced crypto authorities without changing a azygous period, aft telling the president helium needs to motion it to debar Russian-linked information threats.

What to know:

  • Poland's authorities has reintroduced a cryptocurrency measure that was vetoed by President Karol Nawrocki, with Prime Minister Donald Tusk urging its transition to code nationalist information concerns linked to Russia and erstwhile Soviet states.
  • The Cryptoasset Market Act aims to align Poland's regulations with the EU's Markets successful Crypto-Assets regime, providing a unified model for crypto oversight.
  • President Nawrocki vetoed the bill, citing concerns implicit stringent regulations that helium believes endanger the state and stableness of Polish citizens.
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