✔ VERIFIED First reported by American Banker (auto) · Nov 9, 10:00 UTC · updated Nov 9, 13:22 UTC
Coinbase Secures Final OCC Approval for U.S. National Trust Bank Charter
TLDR: Coinbase’s OCC national trust charter became effective on November 6, after conditional approval in April. Coinbase will shift its existing New York-regulated custody business to the trust bank…
Common to all reports: Coinbase · Final OCC Charter Approval · Trust · Wins · Bank
Confirmed by 8 sources
- American Banker (auto) (major outlet · US) · Nov 9, 10:00 UTC · read at the source
- bloomingbit (crypto newsroom · JapanKorea) · Nov 9, 11:14 UTC · read at the source
- Cointelegraph (crypto newsroom · Europe) · Nov 9, 11:38 UTC · read at the source
- Decrypt (crypto newsroom · US) · Nov 9, 11:50 UTC · read at the source
- Crypto Economy (low-credibility outlet · International) · Nov 9, 11:55 UTC · read at the source
- CoinPedia (low-credibility outlet · India) · Nov 9, 12:00 UTC · read at the source
- Unchained (crypto newsroom · US) · Nov 9, 13:21 UTC · read at the source
- Blockonomi (crypto newsroom · International) · Nov 9, 13:22 UTC · read at the source
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Tags: Regulation
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