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Crypto.com Applies for U.S. Bank Charter, Joining Coinbase, Ripple and Circle

Crypto. com filed an application with the U. S. Office of the Comptroller of the Currency (OCC) to become a National Trust Bank in a major push to expand its custody and staking services for corporate and institutional investors. Digital assets meet tradfi in London at the fmls25Expanding Custody and StakingThe charter would reportedly allow the crypto exchange to offer custody and staking across multiple blockchains and digital asset protocols, including Cronos. The company aims to attract Digital Asset Treasuries, Exchange Traded Funds, and other institutional clients, providing a federally regulated alternative for managing digital assets.“Building the Crypto. com product and service portfolio through regulated and secure offerings has been our focus since day one,” said Kris Marszalek, Co-Founder and CEO of Crypto. com. “We are excited to take this next step by filing for a National Trust Bank Charter and look forward to continuing to pursue opportunities to provide customers with the trusted services they require.”The filing will not affect Crypto. com Custody Trust Company’s ongoing operations. The company remains a Qualified Custodian regulated by the New Hampshire Banking Department. A Step Toward Institutional LeadershipBy pursuing federal regulation, Crypto. com aims to position itself as a custody partner for corporate investors while maintaining flexibility to innovate in digital asset management. Expect ongoing updates as this story evolves. This article was written by Jared Kirui at www. financemagnates. com.

BusinesseconomyfinancegovernmentTechnology

Intel (INTC) Stock Surges on Revenue Beat and Government Investment

TLDR Intel shares jumped 9% in premarket trading after beating third-quarter revenue expectations with $13. 65 billion versus $13. 14 billion estimated. The U. S. government became Intel’s top shareholder in August 2025 with a 10% stake through an $8. 9 billion investment negotiated by the Trump administration. Intel received multi-billion-dollar investments from Nvidia and SoftBank, with Nvidia taking [.] The post Intel (INTC) Stock Surges on Revenue Beat and Government Investment appeared first on CoinCentral.

economyPolitics

‘Gonna lose my mind’: Trump’s new act of ‘staggering corruption’ leaves analysts aghast

Two Democratic analysts were stunned on Thursday after President Donald Trump announced his latest pardon. Trump pardoned Changpeng Zhao, the convicted founder of the Binance cryptocurrency exchange who was convicted of failing to create adequate anti-money laundering protections on his exchange. Binance paid a $4. 3 billion fine, and Zhao paid an additional $50 million settlement. He had served four months in jail before being pardoned, Reuters reported. Democratic analysts Brian Tyler Cohen and Tommy Vietor discussed the pardon on a new episode of “Pod Save America” on Thursday. “I’m going to lose my mind,” Vietor said. “Why doesn’t anyone care about this staggering corruption right before our eyes?”The second Trump administration has wholly embraced cryptocurrencies, which is a stark shift from the Biden administration’s more heavy-handed stance. Trump has appointed David Sacks as the White House crypto czar, and Trump’s family has launched a few crypto ventures of their own. Earlier this year, Trump hosted a dinner for some of the largest holders of his World Liberty Financial crypto token. “This is just one small part of a larger hole,” Cohen said. “And it wouldn’t be so egregious if not for the fact that all of this is happening when Trump came into office, promising to be some populist champion. Like this guy was talking about housing and rent and groceries and the price of a f egg, and forget the price of any of those things going down, but he’s just heaping more riches and wealth and opulence onto himself. So it’s impossible to ignore all of this stuff.”.