tldr; Crypto.com has received conditional approval from the Office of the Comptroller of the Currency to establish a U.S. National Trust Bank for digital asset custody and fiduciary services. This federal charter provides regulatory oversight, eliminates state-by-state licensing, and enables institutional access to digital assets, including staking and DeFi. Crypto.com must meet stringent OCC requirements to finalize approval, signaling a significant step for institutional adoption and competition in the crypto custody space.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
WormCastings on
Kris’s jaw must be getting a hell of a workout.
J-96788-EU on
So, what started as P2P dream about freedom became part of the financial system?
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tldr; Crypto.com has received conditional approval from the Office of the Comptroller of the Currency to establish a U.S. National Trust Bank for digital asset custody and fiduciary services. This federal charter provides regulatory oversight, eliminates state-by-state licensing, and enables institutional access to digital assets, including staking and DeFi. Crypto.com must meet stringent OCC requirements to finalize approval, signaling a significant step for institutional adoption and competition in the crypto custody space.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Kris’s jaw must be getting a hell of a workout.
So, what started as P2P dream about freedom became part of the financial system?
does this mean CRO will be worth something?
These guys are fraudulent scammers
But the point of crypto is we don’t trust banks.