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【Exciting! The Big Five Crypto Giants in the U.S. Obtain National Bank Licenses! Is the Financial System About to Change?】

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Late night breaking news! The Office of the Comptroller of the Currency (OCC) has just officially approved five crypto institutions—Circle, Ripple, BitGo, Fidelity Digital Assets, and Paxos—to obtain national bank licenses!

This is a historic moment; the crypto industry is truly about to penetrate the core of traditional finance!

🔸All five are well-known names in the industry, and they are no longer just “crypto companies,” but are now financial institutions qualified as national banks!

🔸What does obtaining a license mean?

They can now do countless more things—custody, payments, settlements, lending… Everything traditional banks can do, they can now do openly!

🔸What’s particularly noteworthy is that the “king bomb” of settlement rights, which has always been firmly held by traditional banks, may now be sharing the pie!

The industry generally believes this could fundamentally shake the operating logic of the traditional financial system.

This is not a minor event, but a truly milestone leap! The crypto industry is shedding its marginal identity and stepping boldly towards compliance and mainstream acceptance.

In the future, the services enjoyed by users on these platforms may be safer, richer, and closer to traditional finance, yet infused with the efficiency and innovation of the crypto world.

The global financial market may indeed be on the brink of a profound transformation led by the power of crypto. What you see is not just a piece of news, but the prologue to a new era.

Let’s discuss in the comments: Which field do you think crypto banks will disrupt first?

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