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Crypto.com Files Application for US Bank Charter
Yahoo Finance· 2025-10-24 23:22
Crypto.com (CRO) Price. Photo by BeInCrypto Crypto.com filed an application with the OCC to receive a National Trust Bank Charter. The exchange doesn't plan to function as a bank; rather, it hopes to greatly expand its custody business and related offerings. A seal of federal regulatory approval could entice more institutional clients to employ the firm's custody solutions, potentially enabling new staking options. Its CRO token briefly spiked after the news, but a few lingering questions remain. Does Cr ...