From TokenPost · · 40s
Coinbase Gets Federal Trust Charter Approval
Coinbase's national trust charter moves under federal oversight after OCC final approval.
In brief
Coinbase's national trust charter moves under federal oversight after OCC final approval. Coinbase's national trust charter now operates under federal oversight after the OCC granted final approval for its custody and market infrastructure business. Originally reported by TokenPost.
OCC Final Approval
The Office of the Comptroller of the Currency granted final approval for Coinbase National Trust Company's national trust charter.
Federal Oversight Scope
Coinbase says the charter brings custody and market infrastructure under one federal supervisory framework without retail deposits.
State and Federal Alignment
Coinbase remains under New York State oversight while adding federal authorization for its trust company structure.
The essence
Coinbase's national trust charter now operates under federal oversight after the OCC granted final approval for its custody and market infrastructure business.
