Crypto.com Secures Key Regulatory Milestone with US Office of the Comptroller of the Currency Approval
Crypto.com's move to secure OCC approval marks a critical step in the integration of digital assets into the formal US financial system. The OCC has granted preliminary, conditional approval for Crypto.com to establish a national trust bank, allowing it to provide digital asset custody services under federal supervision.
The regulatory shift towards enabling structured, supervised innovation in the cryptocurrency custody space is evident in this decision. By providing a federal pathway for secure asset storage, the OCC aims to address a fundamental barrier to institutional adoption while prioritizing consumer protection and systemic stability.