Crypto.com Wins OCC Approval for Federally Regulated Crypto Custodian Bank

Crypto.com wins OCC approval for federally regulated crypto custodian bank

The national charter would consolidate custody services under a single framework under federal oversight.

Crypto.com Wins Conditional Approval for US National Trust Bank Charter

Crypto.com has received conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a national trust bank, the exchange announced Monday.Foris Dax National Trust Bank — doing business as Crypto.com National Trust Bank — would operate as a limited-purpose national trust bank under federal oversight. It would offer custody, staking, and trade settlement services for digital assets, including those on the company's…

Crypto.com Wins OCC Approval for U.S. Federally Regulated Crypto Custodian Bank More Stories ETHNews

Crypto.com has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, marking a significant milestone in its integration into the regulated American financial system. The approval allows the company to charter Foris Dax National Trust Bank, which will operate as Crypto.com National Trust Bank once fully authorized. What the National Trust Bank Will Do Under the OCC’s framew…

Crypto.com moves closer to federal bank status with currency comptroller office nod

Crypto.com moves closer to federal bank status with a nod from the Office of the Comptroller of the Currency.