Crypto.com seeks OCC federal charter, joining Coinbase, Ripple, and others — TradingView News
Singapore-based crypto exchange Crypto.com said on Friday it applied for a national trust bank charter through the U.S. Office of the Comptroller of the Currency (OCC), a major federal banking regulator, following in the footsteps of similar established crypto firms.
The exchange is seeking the license to “advance its industry-leading custody technology and related customer offerings, including custody and staking of assets across various blockchains and digital asset protocols, including Cronos,” according to a statement. Cronos is a Layer 1 blockchain backed by Crypto.com that, last month,sold tokens worth about $178 million to Truth Social owner Trump Media.
The exchange is the latest major crypto firm to pursue an OCC charter,…
