Coinbase receives final OCC clearance for a US trust company charter
REGULATIONCoinbasecoinbrief/daily · 1 source
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What happened
The US Office of the Comptroller of the Currency has granted Coinbase final clearance for a national trust company charter, following conditional approval in April. The charter brings the custody business under a federal supervisory framework. It does not make Coinbase a commercial bank. The source article gives no further details on scope or timing.
For experienced traders · Written by AI from 1 source · Wrong?
What to do
- Watch for any further detail from Coinbase or the OCC on what services the trust charter will cover.
Written by AI from the sources, checked against them
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Who reported · 1 outlet
The Defiant
Who and what is in it
Companies
Government agencies