Circle’s (CRCL) OCC approval fails to ease core concerns, Mizuho says
Circle Internet Group’s (CRCL) final approval from the Office of the Comptroller of the Currency to establish First National Digital Currency Bank is a positive milestone, but investors may be overestimating its significance, according to Japanese investment bank Mizuho. “While a positive development, we believe the market reaction is likely overly optimistic, as this does…