Meta Description: Circle's CSO calls for startup-inclusive crypto banking rules, not bank-only stablecoin licensing. Why DAOs, Web3, and global business need coexistence.

Crypto Banking: Why Banks and Startups Must Coexist

On October 27, 2026, Circle’s chief strategy officer, Dante Disparte, delivered a pointed message to Asian policymakers: crypto banking should not become a bank-only licensing regime. Speaking in Hong Kong, Disparte argued—as reported by Nikkei Asia—that the U.S. and European experience shows stablecoin rules can accommodate large banks and startups at the same time. The call lands just as Hong Kong grants its first stablecoin licenses to bank-led groups, and it has concrete consequences for DAOs, global businesses, and platforms like OneSafe that manage fiat and crypto in a single account structure.

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What Just Happened: Circle’s Call for Inclusive Crypto Banking Regulations

Dante Disparte’s Statement at Asia FinTech Forum (October 27, 2026)

Speaking in Hong Kong on October 27, 2026, Disparte urged Asian jurisdictions to create stablecoin regulations that make room for competition rather than defaulting to a bank-only model. The Nikkei Asia report functions less like a routine Dante Disparte interview and more like a policy marker: Circle, the U.S. issuer of the world’s second-largest stablecoin, USDC, wants Asian rule-makers to avoid limiting issuance and settlement to incumbent banks.