Crypto.com has submitted an application for a national trust bank charter from the Office of the Comptroller of the Currency (OCC) to enhance its institutional custody services in the United States. This move aims to strengthen the company’s presence in the U.S. market by offering improved financial services to institutions. The application reflects Crypto.com’s efforts to comply with regulatory frameworks while expanding its product offerings for institutional clients. If granted, the charter would allow Crypto.com to operate as a federally chartered trust bank, potentially increasing its ability to attract institutional investment and enhance its custody capabilities.
