Crypto.com's Bank Charter: A Step Towards Mainstream?
Update: 2025-10-24
Description
Crypto.com wants to become a national trust bank! The cryptocurrency exchange filed an application to offer secure storage and management for digital assets like treasuries and ETFs. This move mirrors similar efforts by Circle, BitGo, and Ripple, all aiming for federal regulation to boost trust and mainstream adoption in the crypto world. If approved, Crypto.com could operate nationwide under federal banking standards, signaling a major step towards legitimacy for digital assets.
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