United States / Firms / Circle

Circle

Circle: 2 companies are on NYDFS's list of regulated virtual-currency entities (Circle Internet Financial, LLC: BitLicense + money transmitter licence; Circle Internet Trust Company, LLC. d/b/a Circle New York Trust: NY limited purpose trust charter); the OCC preliminarily conditionally approved First National Digital Currency Bank, N.A. on 12 Dec 2025, which will not issue stablecoins according to the decision. NYDFS list read 21 Oct 2026.

Status

NYDFS licensed + OCC approval · checked 21 Oct 2026
NYDFS and OCC data only. Licences in other US states (money transmitter licences, state trust charters) are not covered.

NYDFS regulated entity

Circle Internet Financial, LLC · Virtual Currency and Money Transmitter Licenses · granted Sep 2015 dfs.ny.gov official

NYDFS regulated entity

Circle Internet Trust Company, LLC. d/b/a Circle New York Trust · Limited Purpose Trust Charter · granted Jul 2026 dfs.ny.gov official

OCC Conditional Approval 1356

First National Digital Currency Bank, N.A. (de novo), applicant Circle Internet Financial, LLC: conditional approval 12 Dec 2025. Proposed activities: “the Bank will not issue stablecoins” occ.gov official

Type

National trust bank (OCC) · major brand (Strongest authorisation on record)

Public statement

Not applicable.

History

• Jul 2026NYDFS: Circle Internet Trust Company, LLC. d/b/a Circle New York Trust, limited purpose trust charter (month granted as listed by DFS). — dfs.ny.gov official
• 12 Dec 2025OCC preliminary conditional approval for First National Digital Currency Bank, N.A. (de novo). — occ.gov official
• Sep 2015NYDFS: Circle Internet Financial, LLC, virtual currency and money transmitter licenses (month granted as listed by DFS). — dfs.ny.gov official

Read More

• The GENIUS Act Takes Effect on 18 January 2027. 16 of Its Rules Are Still Proposals
• The OCC Has Approved 17 Crypto Bank Charters Since December. 8 Plan Stablecoins

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