COINTELEGRAPH · 2026-11-09 11:39 UTC

Coinbase's US national trust bank charter takes effect

Coinbase's national trust bank charter took effect on Friday, according to the US Office of the Comptroller of the Currency (OCC). The company applied in October 2025, received preliminary conditional approval in April 2026, and the charter lets Coinbase National Trust Company hold digital assets for clients as a fiduciary. Coinbase plans institutional segregated custody with access to staking, financing and trading through other Coinbase entities; Ripple, Circle, BitGo, Fidelity Digital Assets and Paxos also hold OCC trust charters.

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