Now in Crypto, Crypto.com has applied for a US Trust Bank charter license. Meanwhile.
Crypto.com Pushes for Federal Footing with US Trust Bank Charter Application
Crypto.com is the newest crypto company to apply for a US National Trust Bank CharterSeeking federal approval to expand custodial and staking services nationwide.
In a Friday announcement, the Singapore-based Crypto Exchange said it plans to provide federal custody services for digital asset classes, exchange-traded funds (ETFs), and other institutional and corporate clients under the US banking framework overseen by the Office of the Comptroller of the Currency (OCC).
A National Trust Bank Charter is a federal license from the OCC that allows a company to operate as a limited purpose bank trust. Instead of taking deposits or making loans, a bank trust focuses on holding, managing and safeguarding assets for clients.
The company is already licensed as a trust in New Hampshire.
Crypto.com is not the first crypto company to file for a US National Trust Bank Charter. In April 2025, Cointelegraph reported that several crypto companies, including Bitgo and Circle, were considering applying for US Charters.
Fetch.ai offers to drop lawsuit if ocean protocol returns 286m fet tokens
The conflict between Fetch.ai and the Ocean Protocol Foundation It might be close As the two sides look to reach a middle ground without escalating into an all-out legal battle.
On Thursday, Fetch.ai said it would cancel all pending legal claims against the Ocean Protocol Foundation if the latter returned the 286 million fetch.ai (Fet) tokens that are said to be sold upon their incorporation.
“They expect a legal proposal from us for the return of the tokens,” said Fetch.ai CEO HUMAYUN SHEIKH, in a Thursday slot x showadding:
“You can have my letter tomorrow. The offer is simple: Return my community in tokens. I will drop every legal claim.”
Sheikh also offered to cover the legal costs of the pending contract, which would lead to the recovery of the tokens.
The ocean protocol will agree to return the tokens if the offer is officially put on paper, said The fet-based validator node geostaking, the protocol that helped broker the deal.
However, the Ocean Protocol Foundation is still awaiting an official written proposal from Fetch.ai at the time of writing. “We have asked repeatedly for a written proposal to our lawyers that can be properly vetted, dug up and gone. Until then, we cannot take any verbal offers seriously or at face value,” a spokesperson for the Ocean Protocol Foundation told Cointelegraph.
Polymarket bets Sam Bankman-Fried will get pardon surge to 12%
Polymarket bettors have Now tapped a 12% chance Former FTX CEO Sam Bankman-Fried will be let go this year, after Binance CEO Changpeng “CZ” Zhao was let off the hook this week.
Polymarket Odds For “Who will forgive in 2025” SBF odds have been seen to increase from 5.6% to 12% in 12 hours, with more than $6.5 million worth of bets placed in that market, including $302,090 for the convicted crypto fraudster.
One more Market On whether the SBF is “released from custody in 2025” increased from 4.3% to 19.1% before returning to 15.5%.
While the SBF has filed an appeal to reduce his 25-year sentence, it is unlikely that there will be any significant progress before the end of the year, which means a pardon from Trump is likely his realistic path to release before January.
