According to The Wall Street Journal, several cryptocurrency companies such as Circle and BitGo are planning to apply for banking licenses or other types of financial licenses to strengthen their connection with the US banking system. Since the collapse of FTX in 2022 and the closure of two cryptocurrency friendly banks, the industry has been affected by regulatory pressure and disconnected from traditional finance. With the changing policy environment in the United States, some cryptocurrency companies are seeking to rebuild their connection with the banking system through compliance pathways. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41236