Trump Administration Approves First Round of Crypto-Focused Banks

The Wall Street JournalFriday, December 12, 2025 at 7:02:00 PM
Trump Administration Approves First Round of Crypto-Focused Banks
  • The Trump Administration has granted conditional approval to several crypto-focused banks, including Circle, Paxos, and Ripple. This marks a significant step in the regulatory landscape for cryptocurrencies, potentially paving the way for broader acceptance and integration of digital currencies within the financial system.
  • This development is crucial as it indicates a growing recognition of the legitimacy of cryptocurrency businesses by government authorities. The approval may enhance the operational capabilities of these companies, allowing them to offer more services and attract a larger customer base in the evolving market.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
19 States Sue Trump Administration Over $100,000 H-1B Visa Fees
NegativeFinancial Markets
Nineteen states have filed a lawsuit against the Trump Administration regarding the implementation of $100,000 fees associated with the H-1B visa program, which is commonly utilized by major companies such as Amazon, Microsoft, and Meta to hire skilled foreign workers.

Ready to build your own newsroom?

Subscribe to unlock a personalised feed, podcasts, newsletters, and notifications tailored to the topics you actually care about