Crypto Firms Accelerate Push Into US Banking System

[bonk]

Crypto.com’s approval adds to a growing trend of digital asset firms pursuing national trust bank charters. Companies such as Ripple, Circle, Paxos, and Fidelity Investments received conditional approvals in late 2025, while BitGo secured full OCC approval to convert into a national trust bank. Meanwhile, World Liberty Financial — a DeFi project backed by Donald Trump — has also submitted an application to establish a federally chartered trust institution focused on stablecoin activity.

The shift toward federally regulated structures signals increasing alignment between crypto companies and traditional US banking oversight. A national trust charter provides legal clarity, strengthens custody capabilities, and enhances institutional confidence. However, industry groups like the American Bankers Association and the Independent Community Bankers of America have voiced concerns, arguing that expanding crypto banking charters could blur regulatory boundaries and introduce new systemic risks.

[chainsniff]

love how we speedran from “down with banks” to “please approve our bank”

[The_Walking_Dead]

From anti-bank to becoming the bank real quick.

[bred]

Regulation is the new growth strategy.

[Capybara_Capybara]

National trust charters are the 2026 meta

[Revenant]

Institutional credibility > rebel branding.

[d82ae58262]

Crypto merging with TradFi was inevitable.