Catenaa, Thursday, October 30, 2025- Crypto.com has submitted an application with the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, joining a wave of crypto firms including Coinbase, Circle, and Stripe’s Bridge.
The move allows regulated custody of digital assets and positions the exchange to offer expanded services under federal oversight.
CEO Kris Marszalek said the charter aligns with the company’s goal of providing secure, regulated products and services.
If approved, Crypto.com aims to strengthen its status as a preferred custody platform for institutional and retail clients.
National trust charters, first extended to crypto banks earlier this year, enable firms to manage, buy, and sell crypto assets in compliance with US banking laws.
The development follows recent US Federal Reserve discussions on “skinny” master accounts, designed to grant limited access to central bank payment systems for crypto firms unable to secure full master accounts.
The proposed accounts would allow direct payments while restricting privileges such as interest accrual or overdraft protection.
Crypto.com recently relaunched its institutional exchange amid renewed US regulatory optimism and is exploring new offerings, including prediction markets.
The application reflects a broader trend of crypto companies seeking formal banking recognition to expand product offerings while operating under federal safeguards.
Federal regulators and crypto firms are increasingly converging, aiming to create regulated infrastructure for digital assets while enabling broader participation in the US financial system. Crypto.com’s trust bank charter application signals the next step in integrating crypto services into mainstream banking.
