Crypto.com joins the club with bank charter approval. Here are the other firms it joins

Crypto.com this week became the latest crypto company to receive conditional approval from the Office of the Comptroller of the Currency for a national trust banking charter. The approval comes after the US’ largest banking lobby this month urged the OCC to slow its review of crypto companies’ charter applications. “ABA encourages OCC to ensure that a national bank charter does not become a vehicle leveraged by entities to avoid, or attempting to avoid, registration with and scrutiny by the SEC, CFTC, o ...