Crypto.com has filed an application for a U.S. National Trust Bank Charter, aiming to expand its regulated custody services. This move places Crypto.com alongside industry leaders like Ripple, Circle, and Coinbase, who are also pursuing federal-level oversight to enhance institutional trust and asset management capabilities. The initiative is part of a broader industry trend towards increased regulation, which could significantly impact major cryptocurrencies such as Ethereum and Bitcoin by boosting institutional adoption and reshaping market standards.