Coinbase Secures OCC Approval for National Trust Charter

Coinbase secures OCC unconditional approval from the Office of the Comptroller of the Currency (OCC) to operate under a federal national trust bank charter, the company announced Monday. The decision marks a significant regulatory milestone for the largest U.S. cryptocurrency exchange and custodian. It allows Coinbase to shift from a patchwork of state licenses to a single federal framework, with plans to expand digital asset custody, stablecoin services, and payments offerings.