U.S. Regulators Open the Door for Crypto Trust Banks 🇺🇸
In a major regulatory milestone for digital assets, the Office of the Comptroller of the Currency (OCC) has conditionally approved five crypto-native firms to operate as national trust banks.
🔹 Circle, Ripple, and Paxos received approval for new national trust charters, strengthening their ability to offer regulated custody, settlement, and stablecoin-related services across the U.S.
🔹 BitGo and Fidelity Digital Assets will transition from state-level trust banks to national trust bank status, streamlining oversight under a single federal regulator.
This move signals increasing regulatory clarity and institutional acceptance of digital asset infrastructure, paving the way for deeper integration between traditional finance and blockchain-based services.
As crypto regulation matures, trust charters may become a critical foundation for stablecoins, custody solutions, and enterprise-grade blockchain adoption.
