7h ago
$CRO SEEKS US FEDERAL BANK APPROVAL ✅
($CRO) is taking a major step toward a federal footprint in the US by applying for a US National Trust Bank Charter.
If approved, the Singapore-based exchange will be able to provide federally regulated custody and staking services nationwide, serving digital asset treasuries, ETFs, and institutional clients under US OCC oversight.
A National Trust Bank Charter allows companies to safeguard and manage assets without taking deposits or making loans. is already licensed as a trust in New Hampshire, joining other crypto firms like BitGo and Circle pursuing US federal bank approval to expand their crypto offerings.
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