Coinbase’s crypto custody business has obtained a trust company charter at the U.S. federal level.
According to Unchained, Coinbase said its proposed trust company received final approval from the Office of the Comptroller of the Currency (OCC), granting it a national trust company charter for crypto asset custody.
· The approval covers only the charter itself; Coinbase’s announcement did not specify when client custody operations would move to the trust company.
· The timeline for the custody migration therefore remains undecided.
Are you more concerned about whether custody fees will change now that the charter has been granted, or about the specific timing of the asset migration?
According to Unchained, Coinbase said its proposed trust company received final approval from the Office of the Comptroller of the Currency (OCC), granting it a national trust company charter for crypto asset custody.
· The approval covers only the charter itself; Coinbase’s announcement did not specify when client custody operations would move to the trust company.
· The timeline for the custody migration therefore remains undecided.
Are you more concerned about whether custody fees will change now that the charter has been granted, or about the specific timing of the asset migration?
