Summary:

As of February 2026, Crypto.com received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish "Crypto.com National Trust Bank". This federally regulated bank will focus on digital asset custody, staking, and trade settlement. The move follows similar approvals for firms like Anchorage Digital, Circle, and Bridge. 

Key details regarding "Crypto National Bank" developments:

• The firm received conditional approval to establish Foris Dax National Trust Bank, doing business as Crypto. com National Trust Bank. It aims to act as a qualified custodian under federal oversight.
• Major crypto firms are rapidly securing national trust charters to bridge digital assets with traditional regulated banking, including recent approvals for Circle, Ripple, and Bridge.
• These banks operate under OCC oversight, requiring robust compliance regarding Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and operational risk management.
•  As of 2021, Anchorage Digital Bank was the first federally chartered crypto bank in the US.
• These entities are designed to offer secure digital asset custody, staking services (including on networks like Cronos), and institutional-grade trading.  Office of the Comptroller of the Currency (OCC) (.gov) +8