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Crypto.com Receives Conditional Approval from OCC for National Trust Bank Charter

Crypto.com Receives Conditional Approval from OCC for National Trust Bank Charter

WHY THIS MATTERS: The granting of conditional approval by the Office of the Comptroller of the Currency (OCC) to charter a national trust bank represents a seismic shift for the digital assets industry. This event is not simply a win for Crypto.com, but a significant step in the ongoing trend of regulatory clarity being established in the United States. When a prominent crypto firm is willing and able to submit to the “gold standard” of federal oversight, it creates a crucial blueprint for others. More importantly, it directly addresses the persistent security and trust concerns that have inhibited widespread institutional adoption. Operating under the OCC’s purview elevates the security and compliance…

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