Crypto.com joins Ripple and Coinbase in bid to secure US banking license
Crypto Briefing
Crypto.com has applied for a national trust bank charter to offer regulated custody services nationwide under US federal oversight.Summary
Crypto.com, a cryptocurrency exchange platform, has filed for a national trust bank charter in the US. This federal license is sought to streamline operations by allowing the company to offer trust and custody services nationwide under unified federal regulation, bypassing the need for individual state-by-state approvals. This move aligns with other major crypto firms like Coinbase and Ripple, which have also applied for similar charters, potentially to leverage regulations favorable to integrating digital assets with traditional banking services.
(Source：Crypto Briefing)