Crypto.com Seeks U.S. Trust Bank License to Expand Services

Crypto.com has taken a significant step towards expanding its institutional services in the United States by submitting an application for a National Trust Bank Charter with the U.S. Office of the Comptroller of Currency. This move, similar to filings made by Coinbase and Ripple, seeks to offer federally regulated digital asset services across multiple blockchains and protocols. If granted, this charter could significantly enhance access to custody and staking services, potentially impacting major cryptocurrencies such as Bitcoin and Ethereum.