BitGo Receives Conditional Approval to Become a National Trust Bank

BitGo has secured conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, marking a major step forward for the digital asset custodian.

The approval positions BitGo to operate under federal regulatory oversight, allowing the company to offer highly secure custody, settlement, and digital asset management services across the United States.

This milestone strengthens BitGo’s institutional presence and highlights the growing alignment between blockchain service providers and traditional U.S. banking frameworks, further advancing regulated crypto adoption.