Wu Blockchain reports that Circle has announced it has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, First National Digital Currency Bank, N.A., which will operate under the name Circle National Trust. Once operational, the institution will initially provide fiduciary digital asset custody services for Circle and its affiliated companies. In the future, it also plans to manage USDC reserves and may offer custody services to a limited number of banks and other regulated financial institutions. https://(wublock123.com)/news/circle-approved-national-trust-bank-to-manage-usdc-reserves-64382