Crypto.com Seeks Federal Trust License in The US

Today in the cryptocurrency space, Crypto.com has applied for a US credit bank charter license. Meanwhile, the dispute between Fetch.ai and the Ocean Protocol Foundation may be about to be resolved, and the odds of Sam Bankman-Fried receiving a pardon this year from Polymarket have increased.

Crypto.com seeks to establish federal foundations by implementing the US Trust Bank Charter

Crypto.com is the newest crypto company To apply for the American National Credit Bank charterseeking federal approval to expand its nursery and stocking services nationwide.

In an announcement on Friday, the Singapore-based cryptocurrency exchange said it plans to offer federally regulated custody services for digital asset vaults, 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).

Credit National Bank’s charter is a federal license from the OCC that allows a company to operate as a limited-purpose credit bank. Rather than accepting deposits or making loans, a trust bank focuses on holding, managing, and protecting assets for clients.

The company is already licensed as a trust in New Hampshire.

Crypto.com is not the first cryptocurrency company to apply for the US National Trust Bank charter. In April 2025, Cointelegraph reported that several cryptocurrency companies, including BitGo and Circle, were considering applying for US bank charters.

Fetch.ai offers to drop the lawsuit if Ocean Protocol returns 286 million FET tokens

The dispute between Fetch.ai and the Ocean Protocol Foundation It may be coming to an end The two sides are looking to reach a compromise without escalating into an all-out legal battle.

Thursday, Fetch.ai It said it would cancel all pending legal claims against the Ocean Protocol Foundation if the latter returned the $286 million Fetch.ai (foot) tokens allegedly sold during their merger.

“They are expecting a legal proposal from us to bring back the tokens,” Fetch.ai CEO Humayun Sheikh said during the X Spaces conference on Thursday. displaysAdding:

“You can have my letter tomorrow. The offer is simple: return my community tokens. I will drop all legal claims.”

The sheikh also offered to cover the legal costs of the pending contract, which would lead to the recovery of the tokens.

Ocean Protocol will agree to return the tokens if the offer is formally submitted on paper, He said GeoStake’s verification node is based on FET, the protocol that helped broker the deal.

However, the Ocean Protocol Foundation was still awaiting a formal written proposal from Fetch.ai at the time of writing. A spokesperson for the Ocean Protocol Foundation told Cointelegraph: “We have repeatedly requested a written proposal to our lawyers which can then be properly vetted and digested and have received nothing. Until then, we cannot take any verbal proposals at face value or at face value.”

Polymarket’s bets on Sam Bankman Fried receiving pardon rise to 12%

Bettors at Polymarket have Now tilts to 12% chance Former FTX CEO Sam Bankman Fried will be pardoned this year, after Binance CEO Changpeng “CZ” Zhao was released this week.

Polymarket probability As for “Who will pardon Trump in 2025,” SBF odds have seen them rise from 5.6% to 12% in 12 hours, with over $6.5 million in bets in this market, including $302,090 for the convicted cryptocurrency fraudster.

last market As for whether SBF will be released from custody in 2025, it rose from 4.3% to 19.1% before falling to 15.5%.

While the SBF has filed an appeal to reduce the 25-year sentence, it is unlikely there will be any significant developments before the end of the year, meaning a pardon from Trump is likely the only realistic path to release before January.