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Coinbase Secures OCC Approval for National Trust Charter

Bitcoinist
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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 […]

Key Takeaways

  1. 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.
  2. The decision marks a significant regulatory milestone for the largest U.S.
  3. cryptocurrency exchange and custodian.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.