CryptoUpdated November 9

Coinbase’s national trust charter takes effect

Until now, Coinbase’s trust status was conditional. Reports say Coinbase National Trust Company completed its chartering process with the Office of the Comptroller of the Currency on Nov. 6, giving Coinbase a full national trust charter. The distinction is easy to miss: this is a trust-bank authorization, not a full-service commercial-bank license for taking deposits and making loans.

3 publishers3 reports

Coverage started November 9