Crypto.com filed for a U.S. national trust bank charter to expand regulated custody services, joining other crypto firms seeking OCC approval.
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Posted October 27, 2025 at 10:06 am EST.
Crypto.com has applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC), joining firms like Coinbase, Paxos, Ripple, and Circle in seeking federal recognition for digital asset custody operations.
The Singapore-based exchange said the move aims to enhance its institutional custody and staking services under direct OCC supervision, covering assets across multiple blockchains including its Cronos network.
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If approved, the charter would allow Crypto.com to operate a limited-purpose national bank that provides custody and fiduciary services nationwide, though it would not take deposits or issue loans. The company emphasized that the filing will not affect its New Hampshire–chartered Crypto.com Custody Trust Company, which already serves institutional clients.
The OCC has previously granted conditional approvals for firms such as Anchorage Digital and Paxos, signaling an expanding pathway for federally regulated crypto trust institutions amid a broader industry shift toward formal oversight.
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