Coinbase Bank Gets Full OCC Approval as Ripple Leads
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9 Articles
Coinbase wins final OCC approval for federally chartered crypto custody ...
Coinbase gets final OCC approval to run its custody business as a national trust bank
Coinbase National Trust Company must hold at least $60 million in Tier 1 capital and move its New York-regulated custody business over three years. PNC Bank is piloting USDC payments for corporate clients, while COIN shares sit near $136 after falling about 40% this year.
What does Coinbase charter approval mean for US crypto?
Coinbase said it has received full national trust bank status from the U.S. Office of the Comptroller of the Currency, a step that moves its earlier conditional approval to a full charter. The Coinbase charter follows provisional approval in April, when the company was allowed to provide federally regulated custodial and payments services. Coinbase said… The post What does Coinbase charter approval mean for US crypto? first appeared on CryptoNew…
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