Crypto .com receives conditional approval from the US OCC and plans to apply for a federal national bank charter

BlockBeats News, February 23 — Cryptocurrency trading platform Crypto.com announced on Monday that it has received conditional approval from the U.S. Office of the Comptroller of the Currency, allowing it to apply for a federally chartered national bank license in the future. This approval will enable Crypto.com to offer digital asset custody and staking services under a federal regulatory framework.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

White House Explores Stablecoins to Strengthen Dollar Power

The White House is considering stablecoin legislation to boost the dollar's global role, with support from banks. The GENIUS Act mandates regulatory oversight for stablecoins, promoting efficiency in payments while ensuring traditional banks remain vital for lending.

CryptoFrontNews3m ago

Bitcoin ATM operator Bitcoin Depot introduces a "Mandatory Identity Verification for Each Transaction" policy

Odaily Planet Daily reports that Bitcoin Depot, a NASDAQ-listed Bitcoin ATM operator, announced the launch of a phased new compliance policy requiring users to provide identification information for every transaction at their Bitcoin ATMs (BTMs). The policy aims to further prevent crypto ATM scams and illegal activities. It is reported to be an upgraded version of the previous "First Transaction Identity Verification" rule and will be gradually implemented across the US terminal network starting February 2026. (Globenewswire)

GateNewsBot2h ago

U.S. Senator pressures CFTC to fully ban "death-related" prediction market contracts

Six Democratic U.S. Senators have written to the CFTC Chairman, urging a ban on prediction market contracts related to individual deaths, citing concerns that these contracts could lead to physical harm and national security risks. They referenced multiple cases, to which the CFTC has not yet publicly responded.

GateNewsBot2h ago

Kalshi removes the badge indicating association with the X platform due to stricter promotion rules on the platform

Kalshi has removed all badges associated with its accounts in response to new X platform regulations, aiming to strengthen oversight of gambling content. The X product manager warned that failure to disclose partnerships could result in account bans to maintain user trust.

GateNewsBot3h ago

Arizona State Senate Rules Committee passes the Digital Asset Reserve Fund Bill, which will be submitted for full Senate vote.

The Arizona State Senate advances SB 1649, proposing the establishment of a "Digital Asset Strategic Reserve Fund" managed by the State Treasurer's Office, allowing the state treasurer to invest and lend seized digital assets. The bill has passed multiple committees, explicitly listing Bitcoin and other digital assets as qualified assets and setting a benchmark threshold. The bill emphasizes that it will not increase the state's fiscal risk.

GateNewsBot5h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)