Crypto.com Wins Conditional Approval for National Trust Bank Charter

Crypto.com, a leading cryptocurrency exchange and financial services platform, has made a major breakthrough in its expansion plans. The company has received conditional approval from the Office of the Comptroller of the Currency (OCC) to charter a national trust bank.

This development is significant because it allows Crypto.com to operate under federal supervision and provides a new level of legitimacy to the digital asset industry. As part of the approval process, Crypto.com must satisfy the OCC's regulatory and operational requirements before obtaining full approval.

Crypto.com joins a growing list of digital asset firms that have received similar approvals in recent years. Other companies, including Ripple, Circle, Paxos, and Fidelity, also received conditional approval for their national trust bank charter applications in December 2025. In contrast, BitGo secured full approval from the OCC late last year.