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7/10

Crypto.com Joins Ripple and Circle with US National Trust Bank Approval

news.detail.publishedAt 6 days ago
news.detail.updatedAt 5 days agonews.detail.updates
1 news.detail.readingTime

news.keyFacts

  • •Crypto.com received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank.
  • •The charter will allow the platform to offer federally regulated digital-asset custody, staking, and trade settlement services.

Crypto.com has secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank. With this milestone, the platform joins the ranks of industry peers Ripple and Circle as crypto-native firms holding such federal charters. The approval enables Crypto.com to offer regulated services, including digital-asset custody, staking, and trade settlement under direct federal oversight. This progress stands in contrast to Donald Trump’s World Liberty Financial (WLFI), which is currently facing a regulatory probe while awaiting its own application approval. The initiative aims to bridge the gap between traditional finance and the digital asset ecosystem through a robust regulatory framework. Analysts suggest that this federal oversight will likely enhance institutional trust and potentially drive increased capital inflows into the sector.

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news.detail.version5 days ago
news.detail.whatChanged: Updated the story to contextualize the approval alongside peers Ripple and Circle, while noting the ongoing regulatory probe into the World Liberty Financial (WLFI) application.

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news.detail.sourcesSection:bitcoinmagazine.comcoingape.combeincrypto.cominvezz.com