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via financefeeds.comBusiness & Companies

Coinbase wins OCC charter for a national trust company

FROM THE WIRE · FINANCEFEEDS.COM

Coinbase National Trust Company can provide digital asset custody in a fiduciary capacity, primarily serving institutional clients. The federally chartered

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe federal charter for digital asset custody broadens the regulated operations of the crypto group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Coinbase National Trust Company can provide digital asset custody in a fiduciary capacity.
  2. 02The service primarily serves institutional clients.
  3. 03The company now holds a federally chartered trust company license.
  4. 04The Senate is pressing crypto firms for registration.

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