Crypto.com has submitted an application for a US National Trust Bank Charter, aiming to become a federally regulated custodian and trust service provider for digital assets across the United States. The Singapore-based crypto exchange announced this move to expand its custody and staking offerings under the oversight of the Office of the Comptroller of the Currency (OCC). Holding a National Trust Bank Charter would allow Crypto.com to operate as a limited-purpose trust bank—focused specifically on safeguarding and managing assets—without engaging in traditional banking activities like deposits or loans. Currently licensed as a trust in New Hampshire, the company seeks to extend its federal reach nationwide. This effort places Crypto.com alongside other major crypto firms such as Coinbase, BitGo, and Circle, which are also pursuing similar federal charters. Industry experts believe these charters could bring increased regulatory clarity and open doors for innovative financial products backed by solid compliance frameworks. For more details, visit the full article at https://cointelegraph.com/news/crypto-com-federal-us-trust-bank-charter-application.