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Crypto.com Edges Toward Federal Bank Charter With OCC Nod
Crypto.com has received conditional approval from the Office of the Comptroller of the Currency to form Foris Dax National Trust Bank, which will operate as Crypto.com National Trust Bank once the process is complete. The company filed its application in October 2025. The green light is not final, but it moves the firm a significant step closer to operating under direct federal supervision. If fully approved, the entity would function as a national trust bank. That structure would allow Crypto.com to provide custody, staking across multiple blockchains—including Cronos—and trade settlement services within a ... (full story)