TLDR
- Crypto.com files for U.S. trust charter to scale national custody services.
- Federal license aims to unify Crypto.com’s regulatory operations.
- Move boosts institutional access to secure digital asset custody.
- OCC charter supports nationwide staking and Cronos blockchain growth.
- Crypto.com joins Coinbase and Ripple in pursuing federal oversight.
Crypto.com has formally applied for a National Trust Bank Charter with the Office of the Comptroller of the Currency. The move positions the company to expand its regulated custody and staking services across the United States. This strategic filing supports Crypto.com’s objective of operating under unified federal oversight and scaling secure digital asset services.
The National Trust Bank Charter will enable Crypto.com to offer custody services without requiring separate approvals from individual states. This allows seamless national operations and eliminates the fragmentation of state-level regulation. The charter enhances Crypto.com’s ability to service institutional clients, asset managers, and regulated crypto products.
By applying for the National Trust Bank Charter, Crypto.com seeks to meet growing demand for compliant digital asset custody. The firm already operates a qualified custodial entity in accordance with New Hampshire state regulations. The new filing reflects an intention to integrate more deeply into the federal financial system.
Crypto.com Targets Institutional Expansion with Federal Charter
The National Trust Bank Charter would enable Crypto.com to support digital asset treasuries and regulated investment products like exchange-traded funds. This aligns with its strategy to offer comprehensive solutions to institutional and corporate users nationwide. It also strengthens the company’s positioning as a regulated provider for professional asset custodianship.
Crypto.com plans to use the National Trust Bank Charter to enhance its multi-chain staking and custody services, including support for the Cronos blockchain. The charter helps facilitate uniform compliance and transparency, which are key for large-scale adoption. Additionally, it supports long-term infrastructure development across the U.S. crypto economy.
Although Crypto.com already holds a state-level trust license, this federal application allows the firm to grow beyond New Hampshire’s jurisdiction. It also ensures continuity in service delivery during the OCC review process. Crypto.com Custody Trust Company will remain fully operational during this transition period.
Industry Players Move Toward Unified Oversight
Several digital asset firms have also filed for a National Trust Bank Charter to simplify operations under one federal framework. Ripple, Circle, and Coinbase have submitted similar applications to expand their regulated services. This trend reflects broader market shifts toward harmonized regulatory structures in the crypto sector.
Filing for a National Trust Bank Charter gives these firms a competitive edge in securing institutional clients and regulated partners. It also reflects increasing alignment with traditional banking norms and federal compliance standards. Crypto.com joins this group as it advances its long-term regulatory roadmap.
Crypto.com’s filing underscores a strategic effort to meet anticipated U.S. regulatory reforms head-on. As discussions continue around federal digital asset legislation, more crypto platforms may follow suit. The National Trust Bank Charter is quickly becoming a key credential for firms pursuing national-scale trust and custody operations.
