Bitcoin News
By Evie Vavasseur
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Crypto.com has just secured conditional approval from the Office of the Comptroller of the Currency. The exchange can now establish a national trust bank on U.S. soil.
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The new entity will be called Foris Dax National Trust Bank but will operate under the name Crypto.com National Trust Bank once final approvals are obtained.
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The conditional approval requires Crypto.com to meet strict requirements before final authorization.
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And Crypto.com is not alone in the race. Circle Internet Group, Paxos, BitGo, Fidelity Digital Assets—all are pushing to obtain similar national trust charters.
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Marszalek also made headlines this month by purchasing the domain AI.com for about $70 million in crypto.
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International expansion continues as well. In January 2026, the company obtained an operating license in Singapore, strengthening its position in the Asian market. Crypto.
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On the financial side, the company remains silent about the details concerning the establishment of its new trust bank.
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The OCC's requirements for final approval include the establishment of robust internal controls. Crypto.
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The appointment of experienced executives to the board of Foris Dax National Trust Bank will also be crucial. Crypto.
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The potential impact on traditional financial markets remains unclear. Major banking institutions are closely monitoring these developments, as the integration of digital assets…
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Obtaining a national trust charter represents a significant competitive advantage in a market where institutional trust remains fragile.
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The stakes extend far beyond Crypto.com. The digital asset industry is desperately seeking this regulatory legitimacy after the FTX and Terra Luna scandals shook investor…
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