{"id":22991,"date":"2025-04-21T12:01:31","date_gmt":"2025-04-21T12:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22991"},"modified":"2025-04-21T12:01:31","modified_gmt":"2025-04-21T12:01:31","slug":"deutsche-bank-standard-chartered-reportedly-looking-into-expanding-to-us-crypto-market","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22991","title":{"rendered":"Deutsche Bank, Standard Chartered Reportedly Looking Into Expanding To US Crypto Market"},"content":{"rendered":"<div>\n<p>A growing number of cryptocurrency companies are preparing to enter the U.S. banking system, propelled by a policy shift under President <strong>Donald Trump<\/strong> aimed at <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42644568\/institutional-crypto-adoption-for-real-this-time-says-messari\">integrating digital assets into mainstream finance<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Firms like <strong>Circle <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">USDC<\/a>) and <strong>BitGo <\/strong>are planning to apply for bank charters, The Wall Street Journal <a href=\"https:\/\/www.wsj.com\/finance\/currencies\/crypto-knocks-on-the-door-of-a-banking-world-that-shut-it-out-082b3968\">reported<\/a>, quoting sources.<\/p>\n<p><strong>Coinbase <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) and <strong>Paxos <\/strong>are also exploring regulatory approvals to operate with similar authority. <\/p>\n<p>These developments follow the Trump administration&#8217;s commitment to establishing the U.S. as a global leader in digital assets, including through new legislation targeting stablecoin oversight.<\/p>\n<p>Recent bills moving through Congress propose a <a href=\"https:\/\/www.benzinga.com\/content\/44516699\/u-s-congress-advances-stablecoin-regulation-with-the-introduction-of-the-stable-act\">regulatory framework for stablecoins<\/a>, mandating that issuers secure banking licenses or charters.<\/p>\n<p>These digital tokens, typically pegged to fiat currencies, are used as a bridge between volatile cryptocurrencies and traditional money.<\/p>\n<p>Some crypto firms are aiming for national trust bank or industrial bank charters that are essentially licenses that would allow them to hold customer deposits or &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44894658\/deutsche-bank-standard-chartered-reportedly-looking-into-expanding-to-us-crypto-market\" alt=\"Deutsche\" bank standard chartered reportedly looking into expanding to us crypto market>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A growing number of cryptocurrency companies are preparing to enter the U.S. banking system, propelled by a policy shift under President Donald Trump aimed at integrating digital assets into mainstream finance. What Happened: Firms like Circle (CRYPTO: USDC) and BitGo are planning to apply for bank charters, The Wall Street Journal reported, quoting sources. Coinbase [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-22991","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22991"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22991\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}