Circle has applied for a bank charter, potentially providing regulatory clarity and growth opportunities.
From Barchart: 2025-07-01 15:25:00
Circle, a cryptocurrency startup, has applied for a national trust bank charter with the OCC. This move could potentially give the company more regulatory clarity and open up new opportunities for growth. However, JPMorgan analyst warns that CRCL shares are currently overvalued, raising concerns about the stock’s valuation at its current levels. Investors are urged to proceed with caution and carefully evaluate the risks associated with investing in the company.
Read more at Barchart: Circle Just Applied for a Bank Charter. How Should You Play CRCL Stock Here?