Coinbase Secures National Trust Bank Charter from OCC

Share

Coinbase has obtained a national trust bank charter from the U.S. Office of the Comptroller of the Currency. The approval allows the company to provide fiduciary services, including institutional digital-asset custody and the transfer of custodied assets. It does not authorize Coinbase to accept retail deposits or engage in traditional lending. The charter establishes a federal regulatory framework for Coinbase’s custody operations and signals increased regulatory confidence in its institutional services. Markets are also watching for announcements regarding a potential Base token launch before the end of 2026, although the odds remain low.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items