Fidelity Digital Assets, Paxos, Ripple , BitGo, Bridge, Crypto.com have received conditional approval, while Coinbase , Payoneer, Block and Zero Hash have also pursued national trust-bank charters.
The application comes amid a broader push by crypto and payments companies for national trust bank charters. Bastion and Ripple have received conditional approvals, while Circle and BitGo have received final approvals.