Coinbase receives final OCC approval for its national trust charter, allowing federally supervised crypto custody while keeping restrictions on conventional banking activities.
Coinbase plans to expand its institutional crypto custody business under the federal charter and is exploring digital asset payment products.
Coinbase’s national trust bank charter has become effective in the United States, according to the Office of the Comptroller of the Currency (OCC). The regulator says the charter took effect on...
The Office of the Comptroller of the Currency elevated the biggest U.S. exchange's trust status from conditional to a full-fledged charter, the company said.
Coinbase Bank secures full OCC approval, following Ripple as crypto companies expand into federally supervised US banking infrastructure.
Coinbase Global Inc., the largest US crypto exchange, said a key regulator has fully signed off on its request to become a nationally chartered trust bank, the latest example of firms in the...
The order requires $45 million in minimum capital and preopening checks. A bank charter does not replace GENIUS Act issuer approval.... Read the full story at The Defiant
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