According to PANews, Circle's Chief Strategy Officer Dante Disparte has refuted rumors that the company is seeking a U.S. federal banking license. In a post on social media platform X, Disparte clarified that Circle currently has no plans to obtain a federal banking license or acquire a depository institution. Instead, the company will consider applying for federal or state-level trust licenses or other non-bank financial institution permits in line with U.S. stablecoin regulatory requirements. This statement addresses recent media reports suggesting that Circle, along with other crypto firms like BitGo, was contemplating applying for a banking license. Disparte also urged legislative bodies to establish a clear regulatory framework for stablecoins.