Crypto.com Is One Step From Becoming a US Bank — And Nobody Is Talking About It

While the market is busy panicking over a 5% dip, Crypto.com is quietly about to become a US National Trust Bank. This is not some rumor — they are literally one regulatory approval away from banking status in the United States.

Why This Is Massive

A crypto exchange becoming a nationally chartered bank means direct access to the Federal Reserve payment system. No more relying on banking partners who can debank you overnight. No more Silvergate or Signature Bank risk. Crypto.com would be its own bank.

The Regulatory Landscape Is Shifting

This is happening while the SEC is hiring Chainlink's former lawyer and Grayscale is quietly stacking 5M LINK. The institutional infrastructure play is accelerating even as prices dump. WisdomTree just launched 24/7 trading with instant settlement for their WTGXX fund. The pipes are being built while everyone stares at red candles.

Bull Case vs Trap

Bull case: A major exchange with banking charter legitimizes crypto for institutional adoption. It creates a regulated on-ramp that traditional finance cannot ignore. Bear case: Becoming a bank means becoming regulated like a bank — capital requirements, compliance costs, and government oversight that could limit the "move fast" culture that made crypto exchanges competitive.

With total market cap at $2.25T and fear at 8, nobody cares about infrastructure news right now. But when the cycle turns — and it always does — the exchanges that built banking rails during the bear will dominate the next bull.

Price follows infrastructure. Always has, always will.