Coinbase Wins Full U.S. National Trust Charter 🇺🇸
The OCC granted Coinbase National Trust Company full federal approval, effective Nov 6 — upgrading its conditional April approval to a fully chartered trust bank.
The charter puts Coinbase's institutional crypto custody under direct federal supervision, joining Circle and Ripple, which won similar charters earlier in 2026.
Key limits: no retail deposits, no traditional lending, no FDIC insurance — custody only. Coinbase plans to migrate its New York custody business over 3 years.
A major step for regulated institutional crypto in the U.S.
#Coinbase #COIN #Crypto #Regulation
Not financial advice.
The OCC granted Coinbase National Trust Company full federal approval, effective Nov 6 — upgrading its conditional April approval to a fully chartered trust bank.
The charter puts Coinbase's institutional crypto custody under direct federal supervision, joining Circle and Ripple, which won similar charters earlier in 2026.
Key limits: no retail deposits, no traditional lending, no FDIC insurance — custody only. Coinbase plans to migrate its New York custody business over 3 years.
A major step for regulated institutional crypto in the U.S.
#Coinbase #COIN #Crypto #Regulation
Not financial advice.
