Circle Internet Group (Nasdaq: CRCL), the stablecoin issuer behind USDC, said today that it has received federal approval to operate as a specific type of bank. The move marks a major milestone in the further legitimization of digital assets like cryptocurrencies. But don’t expect to be opening a Circle checking account anytime soon. Here’s what you need to know. What’s happened? Today, Circle Internet Group announced that it has received approval from the U.S. Office of the Comptroller of the