2 publishers · first seen Mon, 09 Nov 2026 10:00 UTC · updated Tue, 10 Nov 2026 15:54 UTC
Coinbase has secured full approval for its national trust bank charter, allowing it to operate under a fully approved federal trust charter. The US Office of the Comptroller of the Currency (OCC) signed off on the Coinbase National Trust, enabling the exchange to offer federally regulated custody and payment services. This development follows Coinbase's conditional approval in April 2026 and comes after Ripple secured its own full OCC approval last month. The OCC's approach has drawn criticism from the Independent Community Bankers of America (ICBA), which filed a lawsuit against the OCC, arguing that the regulator has exceeded its authority by allowing crypto firms to obtain national trust bank charters without meeting the same requirements as traditional banks.
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