BlockBeats News, December 15 — Circle (CRCL) announced that it has received “conditional approval” from the Office of the Comptroller of the Currency (OCC) to establish a nationwide trust bank. In the future, this will strengthen USDC reserve oversight and institutional custody services, but the stock price did not show a significant increase. BiyaPay analysts believe that this news is more of a “long-term compliance positive,” and it is difficult to realize profits in the short term. Moreover, the market may have already priced in this expectation, with funds choosing to “buy the anticipation and sell the facts.” On the user side, BiyaPay continues to provide convenient multi-asset trading, supporting USDT trading of US stocks, Hong Kong stocks, futures, and zero-fee trading of digital currency spot contracts.
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