Crypto.com Pushes for Federal Footing with US Trust Bank Charter Application

Why It Matters

The move follows similar filings and interest from peers such as Coinbase, BitGo and Circle, underscoring a broader push by digital-asset firms to secure regulatory clarity and expand institutional product offerings in the US.

Summary

Crypto.com has applied for a US National Trust Bank Charter from the Office of the Comptroller of the Currency to offer federally regulated custody and staking services for institutional clients, ETFs and corporate treasuries nationwide. The charter, which would let the exchange operate as a limited‑purpose trust bank focused on safeguarding assets rather than taking deposits, would extend its existing New Hampshire trust licensing to federal oversight. The move follows similar filings and interest from peers such as Coinbase, BitGo and Circle, underscoring a broader push by digital-asset firms to secure regulatory clarity and expand institutional product offerings in the US.