Crypto.com wins conditional OCC approval for U.S. national trust bank license

Crypto.com has secured conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust bank charter that would allow the firm to operate as a federally regulated crypto custodian and offer custody and staking under federal oversight ^[1][2][4].

Reports describe the authorization as an initial or conditional step toward consolidating custody services under a single federal framework, positioning the national trust institution to hold and manage digital-asset custody operations subject to OCC supervision ^[2][1].

Community coverage and commentary have noted the development online; a Reddit post highlighted the move as a positive sign for the digital-asset industry and linked to broader coverage of Crypto.com's bid for federal regulation ^[3].

The OCC’s action is conditional, meaning additional regulatory steps remain before a full charter is finalized and operationalized ^[1][2].