Core Insights - Crypto.com has filed for a National Trust Bank Charter with the U.S. Office of the Comptroller of the Currency (OCC), aiming to expand its regulated financial services in the U.S. [1] - The charter will enhance Crypto.com's custody and staking technology, allowing services across multiple blockchains, and positioning it as a trusted custody destination for digital asset treasuries and institutional investors [2][3] - The filing is part of Crypto.com's strategy to build secure and compliant crypto infrastructure, joining other firms like Coinbase and Ripple in seeking similar federal recognition [3] Industry Context - The OCC is the sole agency authorized to issue national bank charters, enabling firms to operate banking services across all 50 states under one legal framework [5] - A federal charter is viewed as a pathway to legitimacy for digital asset firms, granting access to Federal Reserve payment systems and simplifying regulatory compliance [6] - The current leadership of the OCC has shown increased openness to digital asset activities, contributing to the rise in crypto firms pursuing national bank charters [7]