Coinbase Faces Flak from Traditional Bankers on Its Push for Trust Bank Charter

Coinbase Faces Flak from Traditional Bankers on Its Push for Trust Bank Charter

One of the biggest advocacy groups for banking in the U.S. has asked the Office of the Comptroller of the Currency to dismiss Coinbase's licensing effort.

Why U.S. Banks Are Fighting Washington’s New Stablecoin Push

A powerful banking lobby has pushed back against efforts to formally integrate stablecoins into the U.S. financial system. The Bank Policy Institute (BPI) sent four letters to the Office of the Comptroller of the Currency (OCC) opposing five national trust charter applications filed by major stablecoin issuers, including Ripple. According to Axios, the dispute centers on whether stablecoin firms should be allowed to operate under federal trust-b…

Coinbase Official Says Banks Are Standing In The Way Of Financial Innovation

Coinbase filed for a national trust company charter in October 2025, a step the company says would let it offer custody and trust services under federal supervision rather than a patchwork of state rules. Reports show that the move immediately drew a formal challenge from the industry group representing many community banks. Coinbase Seeks A...

Critical Challenge: US Banking Group Opposes Coinbase's Trust Bank Charter Bid

BitcoinWorld Critical Challenge: US Banking Group Opposes Coinbase’s Trust Bank Charter Bid The world of finance is constantly evolving, with traditional institutions often finding themselves at a crossroads with innovative new players. Currently, a significant debate is unfolding concerning a major cryptocurrency exchange’s ambition to bridge this gap. This discussion centers around the Independent Community Bankers of America (ICBA) and their …

Coinbase Executive Calls Out Banks for Hindering Crypto Charter Approval

Coinbase accuses major banking groups of blocking its national trust bank charter to limit crypto competition. Banks warn that unregulated stablecoins could drain over 25% of U.S. bank deposits, harming lending capacity. Policy disputes intensify as banking lobbies push regulators to restrict crypto rewards and stablecoin programs. Coinbase is pushing for a significant integration with the US banking system, while regular banking institutions ar…

Coinbase CLO: Bank Groups Opposing Trust Charter Bid Engaging in 'Protectionism'

Coinbase’s Paul Grewal said the ICBA wants crypto to stay unregulated and is trying to keep competitors out with "regulatory moats."